T. Rowe Price Group has opened an investment research office in Shanghai, following the establishment of a wholly foreign-owned enterprise in China.
The office is in Shanghai’s free-trade zone and is intended to “expand and deepen T. Rowe Price’s research coverage of China’s rapidly growing investment universe,” the company said in a release.
The company already has an office in Hong Kong and says it has invested $4.8 billion in securities listed in Mainland China and $36.9 billion in Chinese securities listed on offshore exchanges.
While industry statistics pointing to a succession crisis can cause alarm, advisor-owners should be free to consider a middle path between staying solo and catching the surging wave of M&A.
New joint research by T. Rowe Price, MIT, and Stanford University finds more diverse asset allocations among older participants.
With its asset pipeline bursting past $13 billion, Farther is looking to build more momentum with three new managing directors.
A Department of Labor proposal to scrap a regulatory provision under ERISA could create uncertainty for fiduciaries, the trade association argues.
"We continue to feel confident about our ability to capture 90%," LPL CEO Rich Steinmeier told analysts during the firm's 2nd quarter earnings call.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
