T Rowe Price signs with Axioma for optimisation


BALTIMORE – T Rowe Price, an investment manager with $230 billion in assets under management, is implementing optimisation technology vendor Axioma's PortfolioPrecision portfolio rebalancing application. The PortfolioPrecision system facilitates quantitative portfolio construction and rebalancing, as well as research and development for new investment strategies.

Rich Whitney, director of quantitative management at T Rowe Price, says ease of integration was a key factor in his firm's decision to

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