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T. Rowe Price, Loomis Are Buying MBS That Have Grown Cheap

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T. Rowe Price's CEO discussed the continued rise of index funds while reaffirming confidence that active management can outperform over time. The comments signal strategic conviction in active strategies but contain no new metrics or guidance and are unlikely to move the stock or fund flows materially in the near term.

Analysis

T. Rowe Price's CEO discussed the continued rise of index funds while reaffirming confidence that active management can outperform over time. The comments signal strategic conviction in active strategies but contain no new metrics or guidance and are unlikely to move the stock or fund flows materially in the near term.

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