41. T. Rowe Price currently offers no index funds to mimic the international equity markets or the bond market, while competitors such as Vanguard do. 42. T. Rowe Price is best known for its U.S. stock funds and international equity funds, some of which rank among the best in the country. 43. The company wants to boost its assets under management, especially in international equities funds. 44. The Denver-based firm manages a series of U.S. and international equities funds, some of which are highly ranked. 45. The next slot filled was an international equity fund. 46. The new fund is a so-called fund of funds, purchasing shares of five existing Federated international equity mutual funds. 47. The returns in the international equities markets should be better than the U.S. market over the next two years, Etcheverry said. 48. The top-performing international equity funds of the past three years were the Janus Overseas, GAM International and Harbor International funds, according to Bloomberg Fund Performance. 49. They will both report to Thomas Marino, managing director of international equity sales. 50. Up to now, Franklin has focused mainly on international equity funds and domestic bond funds. |