T. Rowe Price introduced a new SICAV, domiciled in Luxembourg. The firm will target third-party distributors and institutional investors with eight sub-funds that are available to German institutional and retail investors. They are: U.S. Blue Chip Equity; U.S. Large Cap Value Equity; U.S. Smaller Cos. Equity; Global Emerging Markets Equity; and Global Clean Future Equity; Global Aggregate Bond; Global High-Yield Bond; and European Corporate Bond.
T. Rowe Price also wants to manage segregated portfolios for institutional investors and to subadvise portfolios for others in Germany.