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T Rowe Price Adds Business Development Executive For Alternative Investments To Institutional Business

UFP Industries swaps large-cap growth equity funds in 401(k) plan

UFP Industries Inc., Grand Rapids, Mich., added the American Funds Growth and Income Fund to the investment options lineup of its 401(k) plan in 2020. The plan added the active domestic large-cap growth equity fund managed by Capital Group in the year ended Dec. 31, according to the company's 11…

T Rowe Price picks business development executive for alts

T Rowe Price Launches New Active U S Equity ETF

Share this article Share this article BALTIMORE, June 9, 2021 /PRNewswire/ T. Rowe Price (NASDAQ-GS: TROW) announced today the newest addition to its lineup of active exchange-traded funds (ETFs), U.S. Equity Research ETF (Ticker: TSPA). The new fund is available to the public beginning today and it marks the firm s fifth strategy in the active ETF vehicle. The U.S. Equity Research ETF is constructed similarly to the corresponding T. Rowe Price s U.S. Equity Research Fund (Ticker: PRCOX), with which it shares the same experienced portfolio management team comprising the firm s directors of equity research for North America. The strategy maintains style and sector exposures similar to the S&P 500, but it uses an active approach to stock selection, seeking to add value over the S&P 500 over time.

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