T. Rowe Price International Ltd (London)


T. Rowe Price International Ltd is a large advisory firm based in London. It manages $124.27 billion of regulatory assets for 218 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdiction of Maryland.

T. Rowe Price International provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as see schedule d, misc..

T. Rowe Price International: assets under management

The assets under management (AUM) of T. Rowe Price International Ltd is $124.27 billion. The firm's AUM has grown by 45% since the beginning of its operation, and $39.95 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $124.04 billion in discretionary accounts and $227.49 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $574.28 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $113.74 million.

Investments

The firm invests in exchange traded securities the most. They account for 93% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 3% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay T. Rowe Price International Ltd for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Edward Cage Bernard serves?

The firm provides services to insurance companies, investment companies, charitable organizations, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Edward Cage Bernard is investment companies with 33 clients and $58.69 billion of assets under management. Among the 8 most similar advisory firms, T. Rowe Price International has the 4th highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $124.27 billion for 218 clients. 74% of the firm’s clients are foreign persons or businesses.

T. Rowe Price International also advises several private funds. Namely, twenty one hedge funds and thirty four other private funds. The minimum investment commitment required of non-related persons ranges from $2,081,598 to $10,127,250.

Careers at T. Rowe Price International Ltd

The company employs 437 people that are either part- or full-time employees. 32 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 7 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Edward Cage Bernard has been acting as President since 1 Jan 2006. Celine Solange Dufetel joined the executive team most recently as the Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Robert Todd Ruppert President/director/ceo 1 Mar 2000 Other 1768045
James Aloysius Charles Kennedy Director 1 Aug 2004 Other 1781375
Edward Cage Bernard Chairman of the board/ceo/director 1 Jan 2006 Other 2743171
Jeremy M Fisher Chief compliance officer 1 Jul 2007 Other 5401387
Jeremy M Mi Only Fisher Chief compliance officer/director 1 Jul 2007 Other 5401387
David Nmn Oestreicher Chief legal officer/secretary 1 Mar 2008 Other 4594569
David Oestreicher Chief legal officer 1 Mar 2008 Other 4594569
Barbara Ann Van Horn Secretary 1 Dec 2008 Other 4333501
Timothy Scott Dignan Treasurer 1 Mar 2010 Other 4723631
Christopher David Alderson President - international equity/director 1 Jun 2010 Other 2335270
Inc. T. Rowe Price Associates Direct owner 1 Jan 2011 75% - 100% 52-0556948
Ian Donald Kelson President - international fixed income/director 1 Jan 2011 Other 4333804
Robert Charles Trant Higginbotham President - international investment services/director 1 Oct 2012 Other 6130846
Celine Solange Dufetel Director 1 Oct 2018 Other 6418939
Emma Hilary Beal Director 1 Oct 2018 Other 7040026

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Inc. T. Rowe Price Group Indirect owner 1 Dec 2000 75% - 100% 52-2264646

Based in London

The principal office where T. Rowe Price International Ltd performs its advisory services is located at 60 Queen Victoria Street, London, Ec4 N 4 Tz The mailing address of the firm is 100 East Pratt Street, Baltimore, MD 21202. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 011-44-20-7651-8200 or by fax 011-44-20-7651-8480. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at troweprice.com.