US - The T Rowe Price Group saw its assets under management reach a record high of US$334.7bn, but group CEO James Kennedy warned investors to expect "more conservative returns" in the near term.
T Rowe Price AuM increased $26.6bn in Q4 alone, but despite the positive result, Kennedy said: “Given that profit margins have been at record highs, some slowdown in the rate of corporate earnings ...
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