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TROW

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#1
01-27-2017, 10:09 AM
TROW's down a lot after their earnings report. Anybody following them? What is your opinion?
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divmenow Offline
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#2
01-27-2017, 10:46 AM
.investors pulled $5 billion from the firm in the fourth quarter..."
"...the firm...blamed the outflows on customers shifting money from active to passive equity investments. The redemption's were the biggest since the fourth quarter of 2014..." So I'm staying away unless the stock see $63 again.
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Vincenzo Offline
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#3
01-27-2017, 10:57 AM
(01-27-2017, 10:46 AM)divmenow Wrote: .investors pulled $5 billion from the firm in the fourth quarter..."
"...the firm...blamed the outflows on customers shifting money from active to passive equity investments. The redemption's were the biggest since the fourth quarter of 2014..." So I'm staying away unless the stock see $63 again.

T. Rowe Price also offers index (i.e., passive) funds.  Perhaps the fees of their index funds are higher than competitors?
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