T. Rowe Price Clarifies Stance on Shareholder Activism
Publication Date: June 18, 2018

T. Rowe Price, a global investment management firm with over $1 trillion in assets under management, has published its investment philosophy on shareholder activism. Core tenets of the firm's shareholder activism policies include:
  • Taking a long-term (multi-year) perspective when making decisions related to activist campaigns.
  • Clear communication, following applicable laws, regulations and internal policies, with companies, activists and other investors about proxy voting decisions related to activist campaigns.
  • The belief that corporate management teams have better information about their businesses than outside parties, while they and their boards are expected to remain open to well-supported ideas for value creation from outside the company.
  • Proxy voting decision-making resides with T. Rowe Price portfolio managers, not proxy advisory firms.
Read T. Rowe Price's Investment Philosophy on Shareholder Activism >>