US - T. Rowe Price will likely continue to set itself against the current trend with regard to hedge funds by deciding against launching such a venture on the grounds it would create a conflict of interest between the money the firm manages on a long term basis and a hedge fund's shorting strategy.
Christian Elsmark, head of investment services (EMEA) at T. Rowe Price, said: “Every few years the hedge fund launch decision comes up before the board and it’s coming up again in the next couple o...
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