Arif Husain on Fixed Income at T. Rowe Price

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What is fixed income? Why do people invest in fixed income? And the answer is to solve a problem. Diversification, income, whatever it might be. So fixed income at it's very, very heart, is a solution. It's a solution to a client's problem.

So we have very, very deliberately at T. Rowe Price, under my leadership and before that, been very, very clear that we wanted to build all the excellence and the components to provide solutions, however the client wants them. So that meant building a fundamental, world class, bottom up investing platform. That meant building a world class, top down, macro platform. That also meant building a world class, best in the industry quant platform.

And so if you're a portfolio manager at T. Rowe Price, you have all that research. And really the way we put it together and the way the portfolio managers put it together is they pick and choose. They major-minor on the different parts of the platform. But each of the underlying pillars is extremely strong and the culture binds it together, globally collaborative.

So we have the tools to answer all those questions and solve the problems that the clients need us to solve, whether it's less tracking error or high tracking error.

Transcript

What is fixed income? Why do people invest in fixed income? And the answer is to solve a problem. Diversification, income, whatever it might be. So fixed income at it's very, very heart, is a solution. It's a solution to a client's problem.

So we have very, very deliberately at T. Rowe Price, under my leadership and before that, been very, very clear that we wanted to build all the excellence and the components to provide solutions, however the client wants them. So that meant building a fundamental, world class, bottom up investing platform. That meant building a world class, top down, macro platform. That also meant building a world class, best in the industry quant platform.

And so if you're a portfolio manager at T. Rowe Price, you have all that research. And really the way we put it together and the way the portfolio managers put it together is they pick and choose. They major-minor on the different parts of the platform. But each of the underlying pillars is extremely strong and the culture binds it together, globally collaborative.

So we have the tools to answer all those questions and solve the problems that the clients need us to solve, whether it's less tracking error or high tracking error.

Arif Husain, CFA Head, Global Fixed Income and CIO

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