Asset Management
What's New In Investments, Funds? β T Rowe Price Launches Strategy In Japan
The latest news in investment offerings, financial products and other services relevant to wealth advisors and their clients.
T Rowe Price
T Rowe Price
has launched the T Rowe Price US Capital Appreciation Strategy as
a public investment trust fund in Japan.
The US-headquartered firm has forged an exclusive distribution partnership with Mizuho Securities.
The launch is the first time the capacity-constrained strategy is available to retail and intermediary investors in Japan, T Rowe Price said.
Until earlier this year, the T Rowe Price US Capital Appreciation Strategy β led by David Giroux β had been closed to new investors for more than a decade until earlier this year. It combines dynamic allocations to equities, fixed income, and cash, aiming to deliver equity-like returns with lower risk than the US equity market, a statement from T Rowe Price said.
βThe strategy is designed to adapt to changing market conditions and manage downside risk, helping investors achieve long-term financial goals. We believe this approach is especially relevant for Japanese investors seeking resilient, risk-managed growth for their portfolios in a low-interest-rate environment,β Naoyuki Honda, country head of T Rowe Price Japan, said.
T Rowe Price, with $1.77 trillion in AuM, has established a presence in Japan since 1982; it became a locally incorporated company in April 2018.