The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:T. Rowe Preps a $13B-AUM Dual Handoff Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, April 17, 2023

T. Rowe Preps a $13B-AUM Dual Handoff

by: Neil Anderson, Managing Editor

A 23-year T. Rowe Price [profile] veteran is preparing to pass the reins to a $13.1-billion-AUM pair of mutual funds at the beginning of next year.

Today, the T. Rowe team revealed (via an SEC filing) that, effective January 1, 2024, vice president Frank Alonso will step down as portolio manager of the $8.7-billion-AUM T. Rowe Price Small-Cap Stock Fund and the $4.4-billion-AUM T. Rowe Price Institutional Small-Cap Stock Fund. In the meantime, associate PM Alex Roik is slated to join Alonso on July 1 as the co-PM to both funds. Then Roik will take over as the funds' sole PM at the beginning of 2024.

According to the filing, Alonso will be taking on "a new role."

Alonso has been the sole PM on both funds since October 2016. He first joined T. Rowe in 2000 after working with FAs at Morgan Stanley. He is an alumnus of Miami University of Ohio.

Roik joined T. Rowe in 2013 as an analyst, then rose to associate PM in 2021. He is an alumnus of the University of Notre Dame's Mendoza College of Business. 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2023
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use