T. Rowe Price calls time on Responsible UK Equity fund after less than three years

T. Rowe Price has closed its first dedicated UK investment strategy, the Responsible UK Equity fund, less than three years after its launch.  A spokesperson for the firm told International Investment's sister brand Investment Week: "After a thorough evaluation of the commercial potential of the Responsible UK Equity strategy, we decided to discontinue the strategy following board and regulatory approvals." Launched in January 2021, the strategy struggled to significantly grow its assets under management over the years.  T. Rowe Price launches first dedicated UK investment strategy ...