T. Rowe Price Group Inc


  • Growth funds are back! This sector leads charge Wednesday, 11 Mar 2015 | 10:02 AM ET

    The average tech fund has gained 9.86% a year the past 10 years, vs. 7.99% for the Standard and Poor's 500 index, reports USA Today.

  • NEW YORK, Feb 24- After years of talk about how to protect retirement savers, the White House has gotten behind a Labor Department proposal that would require financial advisers to put clients' interests ahead of their own. The Supreme Court heard arguments on Tuesday in a case challenging high 401 fees. Labor Department officials have said it would allow...

  • NEW YORK, Feb 20- As the technology-heavy Nasdaq Composite Index closes in on the all-time high it reached in March 2000, investors are facing a market that barely resembles the go-go era of 15 years ago. Dividend investors, too, now routinely hold large positions in technology companies such as Microsoft, Cisco, and Oracle, a decision unthinkable in the...

  • Though some portfolio managers including Pimco and Van Eck Global have pared their exposure in recent months, Venezuela remains among the largest positions for U.S. funds that focus on emerging market debt. The $4.6 billion TCW Emerging Markets Income Fund also has kept an overweight position, with 5 percent of assets invested in Venezuela.

  • Cash withdrawals totaled $150 billion from Pimco's U.S. open-end mutual funds in 2014. In January, investors pulled $11.6 billion from the Pimco Total Return Fund. 'said Mendel Melzer, chief investment officer for The Newport Group, a Heathrow, Florida- based consultant to institutional investors, including 400 retirement plans, with $21 billion in assets...

  • Treasury and a federal grand jury over alleged failures to comply with anti-money laundering law, has hired away Wal-Mart Stores Inc's top expert. "We are very confident AML experience with Wal-Mart qualifies him for his new role with us." The Las Vegas- based company's decision to hire a high-profile, outside anti-money laundering expert, instead of promoting...

  • Apple gives Wall Street relief, Fed, Facebook loom Wednesday, 28 Jan 2015 | 5:24 AM ET
    A trader works on the floor of the NYSE as Fed Chair Janet Yellen speaks on television during a June news conference.

    US stock index futures signaled a slightly higher open, with European stocks boosted early in the day after Apple smashed analyst expectations.

  • Mario Gabelli: I'm buying these stocks Thursday, 15 Jan 2015 | 8:36 AM ET
    Mario Gabelli

    Value investor Mario Gabelli told CNBC he's buying stocks in these three financial institutions.

  • NEW YORK, Dec 31- The U.S. bond market could enjoy a solid 2015, but don't expect a repeat of the spectacular run that some fixed-income sectors enjoyed this year, investors said on Wednesday. U.S. government debt that matures in 20 years and beyond is on track for a 27 percent return for 2014, according to Barclays, in a year when the S&P 500 index has gained nearly 15...

  • "If people think this is just to raise the flag, it's not going to last long," said Christopher Flensborg, Head of Sustainable Products and Product Development for Skandinaviska Enskilda Banken AB, the Swedish bank that's the world's largest underwriter of green bonds. Green bonds used to come exclusively from AAA-rated organizations like the World Bank; the...

  • What you don't know about Social Security can hurt Thursday, 11 Dec 2014 | 9:00 AM ET
    A man reads through a Social Security Benefits Application.

    The decision to file as early as possible for Social Security benefits will cost many Americans hundreds of thousands of retirement dollars.

  • Uber investors see IPO that would top $100 billion Friday, 5 Dec 2014 | 2:23 PM ET
    The Uber car service app is displayed on an HTC smartphone in Berlin, Nov. 24, 2014.

    A small group of elite investors are behind Uber's latest fundraising effort and believe the company is set for a massive IPO.

  • NEW YORK, Nov 24- U.S. fund firms are taking extra measures to make sure they don't get stuck holding hard-to-sell bonds in the event that fixed income markets see a massive race to the exits when interest rates start to rise. Over the past few months a growing number of asset managers, including Neuberger Berman, Natixis Global Management and T. Rowe Price have been...

  • BOSTON, Nov 3- Big mutual funds at T. Rowe Price Group and Fidelity Investments are the industry's largest holders of Alibaba Group Holding Ltd shares, according to recent fund disclosures. Alibaba's initial public offering in late September, the largest in history, has helped boost the performance of many fund managers, the data show. Alibaba's IPO initially...

  • BOSTON, Nov 3- Portfolios run by T. Rowe Price Group and Fidelity Investments are the largest mutual fund investors in Alibaba Group Holding Ltd, according to recent fund disclosures. Alibaba's IPO in late September initially raised $21.8 billion, and its stock surged 38 percent in its stock market debut. Alibaba shares were up nearly 4 percent on Monday, trading...

  • Fed day: Give these guys your money Wednesday, 29 Oct 2014 | 8:41 AM ET
    Federal Reserve Board Chair Janet Yellen.

    Investors betting on rising rates and bank stocks may want to consider fund managers, especially with the Fed in no rush to push rates up.

  • Politics fade as earnings take over Friday, 18 Jul 2014 | 6:30 PM ET
    Espirito Santo International is the parent company of several institutions, including Banco Espirito Santo.

    Even as traders monitor the world's hot spots, corporate earnings news could be a positive for stocks in the week ahead.

  • The 800-pound gorilla in the cloud IPO room Tuesday, 17 Jun 2014 | 6:00 AM ET
    Arash Ferdowsi and Drew Houston, co-founders of Dropbox

    Dropbox has raised more than $1 billion in venture capital, the biggest bet that cloud-based collaboration is the future of the enterprise.

  • Here's what will drive stocks this week Sunday, 20 Apr 2014 | 4:46 PM ET

    About 150 S&P 500 companies are scheduled to release results this week, in an earnings season that has been mediocre.

  • Parents afraid of passing on bad financial habits Thursday, 27 Mar 2014 | 11:56 AM ET

    A new study reveals that many parents don't want to talk to their kids about finances.