Joshua Spencer is the lead portfolio manager for the US Small-Cap Growth Equity Strategy, including the New Horizons Strategy, in the Equity Division. He is the president of the strategy’s Investment Advisory Committee. Previously, he was the portfolio manager of the Global Technology Equity Strategy for nearly seven years. From 2004 to 2012, he was an investment analyst covering semiconductors and equipment under the technology industry. Josh is a vice president and a member of the Investment Advisory Committee for the Global Technology Equity, and Science & Technology Equity Strategies. In addition, he is on the Investment Advisory Committees of the US Growth Stock and US Large-Cap Growth Equity Strategies. Josh is a vice president of T. Rowe Price Group, Inc.

Josh’s investment experience began in 1998, and he has been with T. Rowe Price since 2004, beginning in the U.S. Equity Division. Prior to this, Josh was employed by Fidelity Investments as a research analyst and a sector fund portfolio manager specializing in the consumer industry.

Josh earned a B.A. in economics from Johns Hopkins University, where he was awarded the Max Hochschild Prize for Outstanding Student in Economics, and is a member of Phi Beta Kappa. He also earned an M.A. in economics from the University of Chicago, where he was awarded the Century Scholarship for full tuition, and an M.B.A. in finance and accounting from the University of Chicago, Booth School of Business, where he was on the dean’s list, was an active member of the Investment Management Group, and was the editor of the Chicago Advisor investment newsletter. Josh also has earned the Chartered Financial Analyst® designation.

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