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Shaking Up A Legendary Fund

Shaking Up A Legendary Fund

FromWEALTHTRACK


Shaking Up A Legendary Fund

FromWEALTHTRACK

ratings:
Length:
26 minutes
Released:
Sep 25, 2020
Format:
Podcast episode

Description

How do you successfully take over and run a legendary fund with a 60-year track record of excellence? We are about to find out this week in a rare interview with a fund manager who is doing just that. 
The fund is the T. Rowe Price New Horizons Fund.  The small-cap growth fund has 34 billion dollars in assets and carries a Five-Star, Silver Analyst rating from Morningstar.

Prior to taking over the fund, Spencer established his own record of excellence with the T. Rowe Price Global Technology Fund which he ran from 2012 until early in 2019. During his tenure the fund delivered nearly 22% annualized returns, far outdistancing its benchmark and peer group.
What does New Horizons’ legacy mean to Spencer? How is he changing it? We’ll find out. 
WEALTHTRACK #1713 originally broadcast on September 25, 2020.
More info: https://wealthtrack.com/next-generation-great-investor-josh-spencer-on-taking-over-t-rowe-prices-new-horizons-fund/


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Support this podcast: https://anchor.fm/wealthtrack/support
Released:
Sep 25, 2020
Format:
Podcast episode

Titles in the series (100)

Consuelo Mack has a long and distinguished career in business journalism. In 2005 she struck out on her own to launch her dream program, a weekly half-hour program on public television devoted to helping Americans build and protect their wealth over the long-term. Now in its sixteeth season, CONSUELO MACK WEALTHTRACK has been dubbed the “Cramer Antidote” by the press and Money Magazine named Mack “The Best Money TV Host.” WEALTHTRACK is the only program on television devoted to long-term diversified investing in all of the investments people care about. Support this podcast: https://anchor.fm/wealthtrack/support