T Rowe Expects Years to Stem Outflows Amid Low-Cost Competition
UKPulse Money Desk
US investment firm T Rowe has indicated it will take years to reverse client outflows, highlighting the difficulties faced by active managers.
- US investment giant T Rowe anticipates it will take years to stem outflows.
- The firm's struggles illustrate the challenge for active managers.
- Active managers face low-cost competition from indexing and ETFs.
US investment firm T Rowe has stated it expects to take years to stem client outflows. This situation underscores the broader challenges confronting active managers within the investment sector.
The firm's difficulties are presented as an illustration of the competitive pressure from low-cost alternatives such as indexing and exchange-traded funds (ETFs).