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T. Rowe Price CEO Sharps on Private Assets and AI Adoption
Source: youtube.com
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T. Rowe Price CEO Rob Sharps said the firm is adapting to the rise of passive investing and highlighted private assets as gradually moving into 401(k) plans. He also framed tax-loss harvesting as a potential growth area, implying continued demand for wealth-management and portfolio-construction services. Overall, the comments are directionally constructive but don’t cite specific financial impacts or guidance changes.
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