T. Rowe Price Group, Inc. · NASDAQ:TROW
T. Rowe Price — Price T Rowe Group — Corporate Update (November 2020)
14 slides from T. Rowe Price's corporate update, Nov 19, 2020
Slide 1: T. Rowe Price Investment Management
T. ROWE PRICE INVESTMENT MANAGEMENT November 19, 2020 A copy of this presentation, which includes additional information, is available at investors.troweprice.com. Data as of September 30, 2020, unless otherwise noted. Material intended for investment professional use only.
Slide 2: Creation of T. Rowe Price Investment Management
Creation of T. Rowe Price Investment Management OBJECTIVE Our core mission is to help clients around the globe Maximize our achieve their investment goals. We constantly assess our ability to deliver superior investment results for our clients including continuous long-term ability reviews of people
Slide 3: T. Rowe Price Investment Management (TRPIM)
T. Rowe Price Investment Management (TRPIM) A fully independent investment capability being established with the T. Rowe Price cultural tenets of investment excellence, placing clients first, collaboration, and a long- term time horizon to deliver superior investment client outcomes. U.S. $167B AUM
Slide 4: Replicating our core investment capability
Replicating our core investment capability T. Rowe Price Investment Mgt. T. Rowe Price Associates Independent Functions Large-Cap Large-Cap Structured based on common criteria: Equity Income Core Research Growth Stock LARGE LARGE Capital Appreciation Large-Cap Large-Cap . Value Value Dividend Large-
Slide 5: Leadership that brings experience and passion
Leadership that brings experience and passion Stephon Jackson, CFA Head of TRPIM Years at T. Rowe Price: 13 Years of Industry Experience: 33 Ric Weible, CPA Tammy Wiggs Steven Krichbaum, CFA Thomas Watson, CFA Director of Operations Head of Equity Trading Director of Research Director of Research Ye
Slide 6: Portfolio managers that bring investment excellence and thought leadership
Portfolio managers that bring investment excellence and thought leadership Frank Alonso Jay Markowitz, M.D. Portfolio Manager—US Small-Cap Core Portfolio Manager—Healthcare Years at T. Rowe Price: 20 Years at T. Rowe Price: 9 Years of Industry Experience: 20 Years of Industry Experience: 16 Brian Be
Slide 7: Two strong platforms designed for continued success
Two strong platforms designed for continued success BALANCE OF EXPERIENCED ANALYSTS WITH A COMBINATION OF HIGH-QUALITY LATERAL AND TOP M.B.A. HIRES. LEVERAGING THE RICH ENVIRONMENT FOR ATTRACTING TALENT. T. Rowe Price Associates T. Rowe Price Investment Management Central Research* Central Research*
Slide 8: Managing capacity to support performance is in our DNA
Managing capacity to support performance is in our DNA As of September 30, 2020 2003 Late 2000s–2010s 2010 2013 2014 2020 Five equity Increased the number of Mid-Cap Small-Cap Capital Ten US equity strategies dedicated small- and mid- Growth Growth Small- Appreciation strategies considered cap analy
Slide 9: Additional factors supporting a new adviser
Additional factors supporting a new adviser As of October 2020 Market continues to evolve and so do we Shrinking Universe of Stocks With Increasing Market Capitalization Performance 8,000 $40,000 1 Market Capitalization (USD billions) Strong U.S. equity performance increased our 7,000 35,000 market
Slide 10: Why is a new adviser the best course of action?
Why is a new adviser the best course of action? It leverages our strengths Increases our capacity: Establishes a new research Organic growth at both ability, overtime, to continue platform that utilizes our entities will be instilled with to select the right strength in identifying and the same foun
Slide 11: What to expect next: communicating as we progress
What to expect next: communicating as we progress IN KEEPING WITH T. ROWE PRICE’S PHILOSOPHY OF EARLY CLIENT COMMUNICATIONS WE ARE ANNOUNCING THIS WELL AHEAD OF TRANSITION . Over the next 18 months we will monitor progress to determine readiness to transition. – Complete hiring of remaining investme
Slide 12: Confidence to proceed: Guiding investors for years
Confidence to proceed: Guiding investors for 80 years OUR THOUGHTFUL ANALYSIS VALIDATES THAT WE ARE WELL POSITIONED TO EXECUTE Continuing our tradition of a Acting now, from a Our investment managers Leadership commitment long-term, thoughtful position of strength believe that now is the time to is
Slide 13: Thank you
T.RowePrice’ THANK YOU
Slide 14: Important Information
Important Information Certain statements in this presentation may represent “forward-looking information,” including information relating to the timing and nature of the transitions, and the potential benefits to be realized The timing and details regarding the formation and implementation of T. Row
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