T Rowe Price launches fund

T Rowe Price has launched the European Smaller Companies Equity fund.

T Rowe Price has launched the European Smaller Companies Equity fund.

The fund, which is Luxembourg-domiciled, invests in a portfolio of stocks with a market capitalisation within the range covered by the S&P Extended Market (EMI) Pan Europe index.

Justin Thomas, its manager, is a small and mid-cap specialist who also runs the group’s Non-US Small Cap Equity strategy.

He will be supported in managing the new fund by a team of three Europe-focused analysts based in London.