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Vanguard Teams Up with T Rowe Price | Durham News
Vanguard’s making waves by partnering with T. Rowe Price to manage key funds worth over $42 billion — a historic first for the duo. While the alliance grabs headlines, the real story’s in the strategy shift: Vanguard Explorer is pivoting toward growth stocks, potentially reshaping returns more than the new management team itself. Other funds are also getting fresh hands, but don’t panic — algorithms aren’t disappearing; T. Rowe Price blends human research with quantitative tools just like Vanguard always has. Performance wasn’t the only factor, though expense ratios ticked up slightly. The…
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