T. Rowe Price Group net income rises 20 percent

July 24 Wed Jul 24, 2013 12:40pm BST

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July 24 (Reuters) - Asset manager T. Rowe Price Group said its second-quarter profit rose 20 percent.

T. Rowe Price of Baltimore on Wednesday reported net income of $247.8 million, or 92 cents per share, up from $206.8 million, or 79 cents per share, a year earlier.


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.