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T. Rowe Price Launches Blue Bond Fund Backed by Walmart Heir
Yahoo Finance· 2025-09-15 19:30
The T. Rowe Price Group Inc. headquarters in Baltimore, US. T. Rowe Price Group Inc. has secured financing from Walmart Inc. heir Lukas Walton’s impact platform for a new corporate bond fund, which will support investments in themes including water security and marine protection in emerging markets. The goal is to bring in as much as $500 million for the new strategy, according to Samy Muaddi, head of emerging markets fixed income at the Baltimore, Maryland-based asset manager. Builders Vision, an impact ...