T. Rowe Price
With over 30 years experience in the Asia region and what can only be described as a formidable research prowess, T. Rowe Price is this year’s standout provider of US equity funds. The American asset manager has been able to map out successful strategies in the face of market uncertainty, delivering both growth and prospects for private banks in Asia.
Today, T. Rowe Price’s Asia team comprises of 45 investment professionals, including five portfolio managers based in Hong Kong, Singapore and Tokyo. These professionals regularly engage with clients throughout the APAC region, and stay abreast of issues and challenges that face these clients.
The firm’s US equities managers have an average of 18 years’ investment experience, including 16 years with T. Rowe Price itself. These managers have shown a remarkable acumen for singling out US companies with strong fundamentals and attractive valuations that have the potential to deliver favourable long-term results, setting aside individual stocks boosted by short-term trends.
T. Rowe Price boasts an enormous global research platform. Its US research capability is comprised of 46 US-based analysts, forming part of a global team of 2,421 researchers dedicated sharing ideas, analyses and internal company ratings to its investment professionals.
These qualities have led Asia’s private banks to select T. Rowe Price as this year’s Best Fund Provider – US Equity.