T. Rowe Price adds Global Large Cap Equity strategy to SICAV range

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T. Rowe Price has introduced a Global Large Cap Equity strategy to its Luxembourg-domiciled SICAV range.

The strategy is also available to investors via a segregated account. It seeks long-term capital growth by investing in common stocks of large, established companies whose market capitalisation at the time of purchase falls within or above the range covered by the MSCI All Country World Large Cap Index. The management team, led by Scott Berg, portfolio manager, will maintain best-ideas, growth-oriented portfolio. It will typically own 80-100 stocks. "Despite the worldwide slowdown in growth, we believe it is a good time to look opportunistically across the globe for attractive large c...

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