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Fund Times

Fund Times: Openings, Closings, & Manager Changes

Federated, Janus, Berger, Excelsior, Principal, T. Rowe Price, and others.

Mentioned: , , , , , , , ,

T. Rowe Price Shuffles Managers
T. Rowe Price Financial Services  (PRISX) manager Anna M. Dopkin has stepped down as lead manager of that fund to become lead manager of T. Rowe Price Growth & Income  (PRGIX), replacing Robert Sharps.

Dopkin guided the financial-services fund to solid, above-average relative returns during her nearly two-year tenure there. Morningstar recently added the financial-services fund to its list of  Analyst Picks for the specialty-financial category. Michael W. Holton, who has been a research analyst for T. Rowe since 1995, will replace Dopkin on the Financial Services Fund.

Dan Culloton does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.