US investment giant T Rowe says it will take years to stem outflows
Firm’s struggles illustrate challenge for active managers amid low-cost competition from indexing and ETFs
Firm’s struggles illustrate challenge for active managers amid low-cost competition from indexing and ETFs
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Why it matters
T Rowe's announcement about prolonged outflows highlights ongoing challenges for active managers in a competitive market but represents routine industry dynamics without immediate systemic impact.
Sources
Financial Times
US investment giant T Rowe says it will take years to stem outflows
Firm’s struggles illustrate challenge for active managers amid low-cost competition from indexing and ETFs