T. Rowe Price sees ‘more stability’ in market

April 14, 2010|By Jamie Smith Hopkins, The Baltimore Sun

T. Rowe Price Group Chief Executive James A.C. Kennedy told shareholders at the Baltimore money manager's annual meeting Wednesday that 2010 is shaping up to be a less volatile year in financial markets than the last two.

"There's still plenty of uncertainty, but there's a lot more stability in the marketplace," he said. He also noted that research firm Lipper named T. Rowe the best large mutual fund manager in an award ceremony last month.

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