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T. Rowe Price Group Inc

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  • Target date fund assets soar to $624 billion - study Tuesday, 24 Jun 2014 | 8:00 AM ET

    BOSTON, June 24- Assets in target date funds rose 24 percent to $624 billion in 2013, a new report found, reflecting a surging stock market and how investors have flocked to the simplified retirement savings vehicles- often as their default choice.

  • New York, June 13- The big retirement benefit consultants are facing increasing competition as financial advisers move in on their turf, according to Chip Castille, the head of BlackRock's U.S. retirement group.

  • NEW YORK, June 11- For U.S. mutual fund investors, this is shaping up to be a year when it pays to go small. In what mutual fund experts call a rarity, tiny funds with less than $100 million in assets under management are either leading or are among the top three or four best performers in every major U.S. stock category tracked by Morningstar for the year through June 10.

  • A takeover bid that caused much consternation didn't even go through after AstraZeneca PLC said "no thanks" to Pfizer Inc. in April. The episode caused Eric Sappenfield, co-manager of the John Hancock Global Shareholder Yield Fund, to turn cautious on Pfizer, although he still owns some.

  • NEW YORK, May 28- For some people, the magic of compound interest alone is enough to sell them on a 529 college savings plan, but others seem to need more incentive. Enter 529 Day, appropriately designated for May 29, aimed at raising awareness about the importance of saving for university and the advantages of a 529 plan.

  • NEW YORK, May 28- For some people, the magic of compound interest alone is enough to sell them on a 529 college savings plan, but others seem to need more incentive. Enter 529 Day, appropriately designated for May 29, aimed at raising awareness about the importance of saving for university and the advantages of a 529 plan.

  • YOUR MONEY-Why it may be OK to bribe your kids Tuesday, 29 Apr 2014 | 12:16 PM ET

    NEW YORK, April 29- As any exasperated parent will tell you, kids today are so plugged in and mature beyond their years that it is difficult to find a way to discipline them. According to a new survey by Baltimore- based investment managers T. Rowe Price, bribery is a critical part of the parental toolkit.

  • SAN FRANCISCO, April 29- Doximity, an online professional network for physicians, has raised $54 million in new funding from investors including T. Rowe Price and Draper Fisher Jurvetson, making it one of the most well-financed private companies in health IT.

  • April 23- Flash storage company Pure Storage Inc raised $225 million in a late-stage funding round, valuing the company at about $3 billion, technology news site Re/code reported.

  • WRAPUP 2-For Morgan Stanley, playing it safe pays off Thursday, 17 Apr 2014 | 7:25 PM ET

    April 17- A year ago, soon after Morgan Stanley posted disappointing quarterly earnings, Chairman and Chief Executive Officer James Gorman told board members the bank was on the right track and investors who sold shares had made a mistake. Morgan Stanley posted a 55 percent gain in first-quarter profit.

  • NEW YORK, April 17- Steve Farris runs a $33 billion Texas oil and gas company and turns, for advice, to a bearded Vermont environmentalist. These draw representatives from mainstream investment firms like T. Rowe Price, Gabelli& Co and Morgan Stanley& Co..

  • BOSTON, April 10- Fidelity Investments said on Thursday it is exploring the creation of a new trading venue with other asset managers, as U.S. regulators investigate the controversial practice of high-frequency trading.

  • SAN FRANCISCO/ BOSTON, March 27- As increasing numbers of technology companies defer their initial public offerings, one influential hedge-fund investor has stepped up to the plate in Silicon Valley.

  • LIPPER AWARDS-The moving target of target-date funds Friday, 21 Mar 2014 | 12:01 AM ET

    NEW YORK, March 21- If there has been a grand-slam home run among investment products in recent years, it is the target-date retirement fund. Their popularity has proved eye-popping since they came into vogue, especially since 2006 when they were approved by Congress as default investment options in 401 plans.

  • Stern Advice - Getting real about retirement Wednesday, 12 Mar 2014 | 3:01 PM ET

    NEW YORK, March 12- In the retirement planning space, there are two realities. The first consists of spreadsheets, calculators and frightening rules of thumb to guide workers and retirees in their saving and spending decisions.

  • March 7- Shares of digital coupon company Coupons.com Inc nearly doubled in their trading debut, valuing the company at over $2.2 billion and underscoring the popularity of technology IPOs. Coupons.com is the third technology company to go public this year, after the successful debuts of Care.com Inc and Varonis Inc..

  • LONDON, March 7- Emerging economies may be on the cusp of a great unwinding of borrow-low invest-high carry trades, through which an estimated $2 trillion has flooded mainly into their debt markets in the past five years.

  • NEW YORK, March 3- The crisis in Ukraine sent the Russian stock market tumbling on Monday, delivering a blow to already-punished portfolio managers who took outsized bets on eastern Europe this year, but generously rewarding those who had shorted the country.

  • How vacations can make your kids financially savvy Thursday, 27 Feb 2014 | 8:00 AM ET

    Vacations: They're not just for R&R. Experts say family travels offer great opportunities to boost children's financial literacy.

  • NEW YORK, Feb 26- Don't think of the next seven weeks as a grim time of tax-season drudgery; think of them as your special, limited-time offer to enrich your future. For example, $5,500 invested for a 7.5- percent average annual return would grow to $24,535 in 20 years, according to a Bankrate.com calculator.