So what does everyone think? I guess we know why Ramon always seemed to be in DC. I wonder if layoffs/offshoring will start for those folks once "synergies" are determined. Overlaps in back-office, compliance, or distribution could eventually lead to some efficiencies once integrated. More roles of Accenture. It didn't seem to move the needle on the stock price.
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@st they made clear in last call that outflows will increase in 2H. The tiny F/m aum will not help much.
They haven’t even disclosed how much was paid. And stock price didn’t budge.
That should tell you how immaterial this is.
@p0 Interesting. I saw some press releases and an article in a business journal. They are likely trying to generate "hope" for investors. The last earnings call did little to increase confidence. I'm shocked the Orioles sign at Camden Yards didn't right the ship. Until they clean house in management nothing will ever be fixed.
@OP Since all you’re getting is hate I’ll try to answer. This is irrelevant in terms of your question. Tiny firm small team subscale infrastructure. It’s a timid attempt to gain assets in the etf space.
Wow, people ask questions on here and get cr-p. What a toxic company. All of these nasty posts seem similar. My guess is someone on the MC is an alcoholic and cannot handle the posts here. Sadly, I wonder how many people either drink excessively or use other substances to cope with the stress and toxicity of T Rowe? Is it worth it?
Someone was drunk posting again 🤣 OK - give mommy back her phone so the rest of us can talk business.
@OP =1% of TROW AUM so it was never going to move the stock price...
@OP incoherent shlock post. Boooo…