Hansabankas offers to Lithuanian investors a possibility of investing into T.Rowe Price funds

2008-01-17 Back

Starting from today, Hansabankas customers are provided with a possibility to invest their assets into funds managed by a well-known international investment management company, T.Rowe Price Global Investment Services Limited (TRPGIS).

According to Igoris Ryklys, Director of Investment Product Sales Management Department of Hansabankas, "T.Rowe Price’s funds will provide Hansabankas customers with a wider range of investment choices and a possibility of enjoying of another internationally recognized fund manager’s services and help investors to diversify their investments by geographical regions and/or sectors".

Where to invest, Hansabankas customers can choose from among 12 T.Rowe Price’s funds placed publicly in Lithuania. The established minimal size of investment into T.Rowe Price’s funds is USA 15,000.

This investment management company provides services both to personal and business customers all over the world. It is famous for length of investment management practice, reliability, solidness and commitment to policy of confidentiality. Assets under the company’s management are worth USD 396.8bn (according to data as at 30 September 2007).

The company was founded in 1937 by Thomas Rowe Price Junior who is often mentioned alongside such international investment celebrities as W.Buffett, G.Soros and others. He is best known for choosing directions of investing into expanding businesses.

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