T. Rowe Price looks to Africa and Middle East

The strategy, available to institutional investors and third party distributors, will be a concentrated portfolio of typically 25-50 stocks. T. Rowe Price says the sub-fund’s goal is to invest in equity-related securities established or primarily active in the regions. With 18 years experience in emerging markets, Christopher Alderson will manage the new strategy. “These markets offer significant long-term growth potential and diversification benefits for investors who are willing to accept more risk by placing a portion of their assets in an aggressive portfolio,” Alderson says. “There...