T. Rowe Price has launched two pooled vehicles for institutional investors in Canada that are based on the company’s global growth equity and international core equity strategies.
These are the first pooled vehicles T. Rowe Price has introduced in Canada.
Both the global growth equity and the international core equity strategies have been available in the separate account format to Canadian institutional investors, but this launch makes them available to investors that prefer a pooled vehicle.
T. Rowe Price’s new pooled vehicles will have a minimum account size of $5 million and will be available to all Canadian DB and DC plans.
“While we have been serving large Canadian fund sponsors through separate account management for a number of years, we are positioned to meet the needs of a broader base of our country’s institutional investors now with the launch of our pooled vehicles,” says Bruce Winch, head of sales with T. Rowe Price (Canada), Inc.
This week’s most popular articles: