Business
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/ --- Support this podcast: https://anchor.fm/wealthtrack/support