November 2020 / VIDEO
Navigating Uncertain Markets in 2020
How T. Rowe Price analysts are still getting the answers they need
Key Insights
- The 2020 pandemic has posed unique challenges to T. Rowe Price investment professionals to do field research, conduct on-site diligence and hold meetings with management teams.
- Yet, team collaboration, communication and research produced has increased as we leverage technology, the resilience of our teams, and longstanding relationships with company management teams.
- The result is that our portfolio managers have been armed with the most up-to-date thoughts of our analysts and were able to make informed, active management decisions on behalf of our clients.
IMPORTANT INFORMATION
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November 2020 / INVESTMENT INSIGHTS
Mr. Sharps has been a director of Price Group since January 2022. He is the chair of the board, chief executive officer, and president of T. Rowe Price Group, Inc. He also chairs the company's Executive, Management, and Management Compensation and Development Committees. Mr. Sharps has been with Price Group since 1997, beginning as an analyst specializing in financial services stocks, including banks, asset managers, and securities brokers, in the U.S. Equity Division. He was the lead portfolio manager of the Institutional Large-Cap Growth Equity Strategy from 2001 to 2016. In 2016, Mr. Sharps stepped down from portfolio management to assume an investment leadership position as co-head of Global Equity, at which time he joined the Management Committee. He was head of Investments and group chief investment officer from 2017 to 2021. In February 2021, Mr. Sharps became president of Price Group and then chief executive officer in January 2022. Prior to Price Group, he completed an internship as an equity research analyst at Wellington Management. Mr. Sharps also was employed by KPMG Peat Marwick as a senior management consultant, where he focused on corporate transactions, before leaving to pursue his M.B.A. in 1995.