- T Rowe Price's first-quarter profit beat expectations as an upswing in markets boosted its assets under management and softened the hit from outflows, it said on Friday.
But assets under management, which determines the fees managers charge, have still grown due to an increase in the value of investments. Active managers like T Rowe buy and sell investments more frequently compared to passive fund managers. But higher interest rates and market volatility could usher in a new era for active investing. Analysts believe investors will have to adopt a more hands-on strategy to add value to their portfolios and manage risk, in contrast to the set-and-forget approach that has defined investing over the past decade.Momentum is underway for these two Canadian stocks, and yet both still trade at share prices that are quite low given their future growth.