T. Rowe Price Group, Inc. rose 5.87% intraday, driven by a strategic collaboration with Goldman Sachs. The firms announced a partnership to deliver diversified public and private market solutions for retirement and wealth investors, with Goldman Sachs planning to invest up to $1 billion in T. Rowe Price. This collaboration leverages the strengths of both firms, including investment expertise and a deep understanding of client needs, focusing on providing wealth and retirement offerings that incorporate access to private markets.
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