Rowe Price's Foresight Pays Off, Fund Company Survives Turmoil Intact

WatersTechnology Staff
07 Nov 1997

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Hardly anyone can say they survived the late October market swings without a scratch, but the initial assessments at T. Rowe Price was that advance planning paid off, according to the Baltimore mutual fund company's chief information officer, Michael Goff.

"We had set up a task force a few years ago to look at a day like this," Goff says. Several fund companies either misquoted or omitted closing prices on some of their funds for Tuesday, October 28 (see related stories, this issue), but T

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