Markets· August 17, 2026 at 12:03 p.m.
Vanguard Partners with T. Rowe Price for Active Equity Fund Management
Key takeaways
- Vanguard brings T. Rowe Price to manage portions of three active equity funds
- Explorer is shifting towards growth stocks
- T. Rowe Price uses a hybrid approach combining fundamental research with quantitative models
For Growth and Income, T. Rowe uses analyst-driven stock selection constrained by rule-based portfolio construction and sector-level risk controls. Vanguard evaluates outside managers on investment philosophy, team stability, performance history, risk characteristics, and capacity.
