T. Rowe Price CEO Robert Sharps aims to expand the firm's presence in private market alternatives. He speaks with Carlyle Group's David Rubenstein on Bloomberg Wealth. Sharps discusses the firm's strategy to build a more substantial presence in private market alternatives. The interview was recorded July 8 in Baltimore, Maryland.
T. Rowe Price, a prominent investment management firm, is looking to bolster its presence in the private market alternatives space. In a recent interview with Carlyle Group's David Rubenstein on Bloomberg Wealth, T. Rowe Price CEO Robert W. Sharps discussed the firm's strategy to build a more substantial presence in this area [1].
Sharps emphasized that the firm's focus on private market alternatives is part of its broader strategy to diversify its investment portfolio and tap into new growth opportunities. The interview, recorded on July 8 in Baltimore, Maryland, highlighted the company's commitment to exploring alternative investment strategies to meet the evolving needs of its clients.
According to Sharps, the expansion into private market alternatives will involve leveraging the firm's expertise and resources to identify and invest in promising assets. This includes a focus on areas such as real estate, infrastructure, and private equity, which have shown strong potential for returns and risk diversification.
The interview also touched on the current market conditions and how T. Rowe Price is positioning itself to take advantage of these opportunities. Sharps noted that the firm is well-positioned to navigate the complexities of the private markets and provide value to its clients through its deep bench of investment professionals and robust research capabilities.
In addition to the interview with Sharps, T. Rowe Price has been actively engaging with other investors and industry experts to gain insights and build strategic partnerships. This collaborative approach is aimed at enhancing the firm's ability to identify and capitalize on emerging trends and opportunities in the private market alternatives space.
The expansion into private market alternatives is part of T. Rowe Price's ongoing efforts to innovate and adapt to the changing landscape of the investment industry. By focusing on this area, the firm aims to deliver better outcomes for its clients and maintain its position as a leader in the investment management sector.
References:
[1] https://finance.yahoo.com/video/t-rowe-price-ceo-expanding-142238799.html
Comments
No comments yet