T. Rowe Price Group Inc
Latest T. Rowe Price Group Inc News and Updates
BlackRock’s Diversified Offerings Can Benefit from Rate Hikes
In the first quarter, BlackRock managed ~$1.9 trillion in fixed income offerings, up from ~$1.6 trillion in the first quarter of 2017.
Interest Rate Expectations Have Jolted Equity and Debt Alike
Asset managers (VFH) are seeking stability in order to attract funds toward either equity or debt offerings.
BlackRock’s Valuations following the Decline in Global Equities
BlackRock (BLK) stock has risen 27.6% over the past six months and 39.0% over the past year.
How to Pick Asset Management Stocks to Invest in
If you’re looking to diversify your portfolio, asset management stocks are worth a look. Here’s how to pick the right asset management stock to invest in.
September Winners in US Domestic Moats: Discretionary, Financials
Moat company Polaris Industries (PII) has been doing well this year, returning ~30.0% year-to-date as of October 23, 2017.
WisdomTree Trades at a Premium due to High Growth
WisdomTree stock is currently trading at 29x on a one-year forward earnings basis. In comparison, its peers are trading at 16.2x.
Understanding State Street’s Investment Management Business
State Street Corporation’s (STT) investment management business generated revenues of $1.6 billion in 2017, up from $1.3 billion in 2016.
Asset Managers to See Growth on Diversified Offerings in 1Q18
The recent fall in stocks globally is expected to put some pressure on asset managers’ (VFH) operating performances in 1Q18.
How ETFs Can Impact State Street’s Investment Management Division
In the first quarter, BlackRock (BLK) saw inflows of $35.0 billion in its ETF offerings.
Declines in S&P 500 correlation benefiting TROW, IVZ, and JNS
The concept of tracking the dispersion of stocks via a correlation reading may be a bit intimidating. However, the principle doesn’t involve a lot of grey matter.
Electric Vehicle Startup Rivian Gets Fresh Funding
On Monday, Rivian announced that it completed a $1.3 billion investment round led by asset manager T. Rowe Price (TROW).
The salient features of mutual funds
There are investors who are willing to take on higher risk to generate above-average market returns. For these investors, active funds offer the optimal investment avenue.
Show it: How mutual funds make money
In return for investing a client’s money, mutual funds charge a fee, generally an annual fee set as a percentage of the client’s assets. This fee is the only source of income for a mutual fund-focused asset manager.
Acquisitions Boost Invesco’s Assets under Management
Invesco (IVZ) reported its second-quarter results today, posting EPS of $0.66.
State Street’s Second-Quarter Earnings and Acquisition Plan
On July 20, State Street (STT) reported its second-quarter earnings. The company’s EPS was $2.05, which surpassed analysts’ expectations by $0.04.
How T. Rowe Price’s Valuation Compares
T. Rowe Price’s (TROW) NTM (next-12-month) PE ratio is 15.19x, higher than peers’ average of 10.08x.
What Could Help T. Rowe Price in Q2 2018
Of T. Rowe Price’s (TROW) total assets under management in the first quarter, $579.3 billion comprised equity, $135.8 billion comprised fixed income and money market assets, and $299.1 billion were multi-asset funds.
How Macros and Monetary Policies Could Drive TROW’s Performance
Donald Trump’s imposition of additional tariffs on $200 billion in Chinese imports has increased trade tension, which could impact the global economy and business.
State Street’s Investment Servicing Division: What’s Ahead?
In the first quarter, State Street’s Investment Servicing division garnered net interest income of $663.0 million for a YoY increase of 30.0%.
How Wall Street Rates BlackRock and Asset Managers
Analysts gave BlackRock a price target of $613.15 on an NTM basis.
A Look at Invesco’s Total Assets under Management
At the end of the first quarter, Invesco (IVZ) had total AUM (assets under management) of $934.2 billion.
What Will Invesco’s Revenue Be in Q2 2018?
Of Invesco’s (IVZ) total first-quarter operating revenue of $1.4 billion, the company’s investment management fees contributed $1.0 billion.
What Could Affect Invesco’s Performance in Q2 2018?
In this series, we’ll study the factors that could drive Invesco’s performance, valuations, and analyst ratings.
State Street’s Investment Management Division in Q2
State Street’s (STT) investment management division garners fee revenue from trading services, management and processing fees, and other revenue.
What’s Expected for State Street’s Investment Servicing Business
In the first quarter, State Street’s (STT) fee revenue made up a significant portion of its investment servicing revenue.
T. Rowe Price’s Assets under Management Rose in May
T. Rowe Price released its AUM for May on June 12. The company’s AUM was $1.04 trillion—compared to $1.02 trillion in April.
T. Rowe Price Group’s 1Q18 Results Beat Expectations
T. Rowe Price Group reported earnings today for the quarter that ended in March.
How Could T. Rowe Price’s Valuation Recover?
Price-to-earnings ratio T. Rowe Price (TROW) has an NTM ( next-12-month) PE (price-to-earnings) ratio of 15.0x. Competitors are valued lower, with an average ratio of 15.7x. Peers Franklin Resources (BEN), Financial Engines (FNGN), and BlackRock (BLK) have NTM PE ratios of 11.7x, 17.3x, and 18.2x, respectively. T. Rowe Price’s valuation could fall further, as the company’s […]
T. Rowe Price’s Views on Global Markets in 2018
Strong outlook T. Rowe Price (TROW) expects global markets to be positive in 2018, in both emerging and developed economies. Economies’ movement towards digitization and innovation is expected to help businesses. In 2018, T. Rowe Price expects global equity markets to be supported by improving business models, technological developments, and shifting consumer preferences. Technology giants’ valuation is increasing […]
How T. Rowe Price Aims to Tackle Challenges
Ways to tackle hurdles While T. Rowe Price (TROW) expects to encounter certain long-term challenges, it has identified some measures it may take to tackle them. The company plans to focus on pricing as well as long-term goals. T. Rowe Price has extended its investment strategies, receiving a positive response from clients. To streamline processes, […]
What Are T. Rowe Price’s Plans for the Future?
Outlook Based on its investor presentation on February 21, 2018, T. Rowe Price’s (TROW) current vision is more or less the same as its vision in 2017. The company continues to focus on becoming a leader in active investment management. It also plans to generate and deliver long-term value to customers. T. Rowe Price is […]
These Factors Affected T. Rowe Price’s Assets under Management
Total assets under management As of December 31, 2017, T. Rowe Price (TROW) had total AUM (assets under management) of $991.1 billion, of which the company’s US mutual funds contributed $606.3 billion and other investment products contributed $384.8 billion. In 2017, the company’s total AUM appreciated by $180.3 billion. In 2017, T. Rowe Price’s US mutual funds appreciated […]
What’s T. Rowe Price’s Outlook on Emerging Markets?
Favorable outlook T. Rowe Price (TROW) believes that emerging markets may offer significant investment opportunities after their strong momentum in 2017. Because of improving political and economic situations in some developing countries, many global emerging markets can be looked upon for investments. In 2017, emerging markets saw higher economic growth than developed markets. This trend is expected […]
T. Rowe Price’s Operating Expenses Increased: Here’s Why
Operating expenses Between 2016 and 2017, T. Rowe Price’s (TROW) operating expenses rose 7.8% to $2.7 billion from $2.5 billion in 2016, and its compensation and related costs rose 11.4% to $1.7 billion from $1.5 billion. The increase was mainly due to higher salaries and related benefits and hiring employees. The company incurred compensation and related costs of $446.3 million […]
Behind T. Rowe Price’s Net Revenue
Components T. Rowe Price’s (TROW) net revenue comprises three components: investment advisory fees, distribution and servicing fees, and administrative fees. The company’s net revenue rose 13.5% to $4.8 billion in 2017 from $4.2 billion in 2016. Between 2016 and 2017, the company’s investment advisory fees rose 15% from $3.7 billion to $4.3 billion, due to its average […]
T. Rowe Price Announces Leadership Changes
Assets under management as of January 2018 T. Rowe Price (TROW) had total AUM (assets under management) of $1.1 trillion as of January 31, 2018, compared with $991 billion in December 2017. Of the $1.1 trillion, the company’s sponsored US mutual funds contributed $637 billion, and other investment portfolios contributed $410 billion. Of the sponsored mutual […]
A Look at T. Rowe Price’s Assets under Management
Asset classes In its investor presentation on February 21, 2018, T. Rowe Price (TROW) stated that its core business is helped by the allocation of its AUM (assets under management) in different asset classes and its strong client base. However, the company also believes that targeting new opportunities is crucial for its core business. Of its total AUM, […]
T. Rowe Price Beats Analysts’ Expectations
In this series, we’ll look at T. Rowe Price’s outlook on emerging and global markets, 4Q17 numbers, and future strategies.
Why Wall Street Is Long on BlackRock Post-Rout
Wall Street analysts are expecting a limited upside for asset managers (VFH) as well as broader indexes in 2018.
BlackRock’s Valuations Stable amid Strong Operating Performance
BlackRock is currently trading at a forward price-to-earnings ratio of 17.6x, compared with the industry average of 18.6x.
BlackRock and Competitors Look at Strong 1Q18 Numbers
Among the major asset managers, BlackRock (BLK) is expected to post sequential and year-over-year growth in earnings per share to $6.38 in 1Q18 and $6.83 in 2Q18.
Wall Street Analysts Long on Asset Managers in 2018
Analysts gave BlackRock a price target of $614.92 on a next-12-month basis.
Trump Administration’s Reforms to Benefit BlackRock and Industry
BlackRock managed assets worth ~$1.9 trillion on December 31, 2017, compared with ~$1.6 trillion during the previous year.
BlackRock’s Retail Is Adding Assets at a Fast Pace toward Debt
BlackRock’s (BLK) Retail division attracted $11.0 billion in new flows in 4Q17, compared to outflows of $2.0 billion in 4Q16.
How Premium Are BlackRock’s Premium Valuations Going into 2018?
BlackRock’s (BLK) outperformance, estimate beats, and new assets have helped the company command premium valuations.
Wall Street Rates BlackRock High in the Industry for 2018
Asset managers (VFH) have had “buy” to “hold” ratings in recent months since equities are expected to be upbeat in the next few quarters.
A Brief Look at Dividend Aristocrats
The S&P 500 Dividend Aristocrat Index is made up of 51 S&P 500 (SPY) (SPX-INDEX) companies that have increased their dividends for 25 successive years.
The Top Dividend-Growing Financial Sector Stocks
Mercury General (MCY) has consistently recorded revenue growth since fiscal 2011, except for a minor decline in fiscal 2015
Consumer Discretionary Drove Down OLGAX’s Returns in 1Q16
OLGAX fell 6.4% in 1Q16. OLGAX fell 3.7% in the one-year period ended March 2016 and ranked ninth among its peer group.
US Equities Rebound for the First Time in 2016
US equities rose 1.4% for the week ended January 22, 2016, mainly due to macroeconomic factors. Oil rebounded steeply on short coverings by hedge funds.
Janus Targets Outside the US to Expand Managed Assets
Janus Capital (JNS) is focusing on attracting capital outside the United States. Its 20% assets under management are currently from international investors compared to just 8% in 2010.
T. Rowe Price Group: $750 billion in Assets Under Management
Global investment manager Founded in 1937, T. Rowe Price Group (TROW) provides global investment management services to retail and institutional clients across the globe. T. Rowe Price Group offerings include sponsored mutual funds distributed in the United States. As well, the company offers investment portfolios such as sub-advised funds, separately managed accounts, target-date retirement trusts, collective […]
T. Rowe Price Group: It Takes Seed Capital to Build New Funds
The length of time seed capital is held in a portfolio depends on various factors such as how long it takes to generate cash flow from unrelated investors.
Blackstone relies on private equity division to drive growth
Blackstone (BX) manages a total of $73 billion assets in the private equity segment and has generated an annual return of 16% since its inception.
Compensation packages at Blackstone among the best in the biz
Blackstone’s performance fees have increased more than its basic compensation costs because the companies in which it invests have performed so well.
Understanding the Blackstone partnership structure
A partnership structure has general partners that make investments and operational decisions relating to the conduct of the fund’s business.
Why BlackRock charges higher fees in alternatives
Alternatives only formed 3% of the total assets that BlackRock managed. It witnessed a nominal CAGR of ~14% over the last five years.