T Rowe Price launches US large-cap fund

T Rowe Price has added a US Large Cap Core strategy to its Luxembourg domiciled Sicav range.

The fund will be managed by Jeff Rottinghaus, who ran the group’s Global Technology fund from 2006 to 2008.

The 50-75 stock portfolio will include the highest conviction stock ideas from the group’s pool of 30 equity analysts.

They will look at company fundamentals, earnings potential and valuation to select stocks for the fund.

Peter Preisler, the head of Europe, Middle East and Africa (EMEA) at T Rowe Price, says the new strategy spans both growth and value investing and will benefit from having one manager who does stock selection and asset allocation on the portfolio.

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