BALTIMORE, Feb. 6 /PRNewswire-FirstCall/ -- T. Rowe Price has named
Steven C. Huber as a senior portfolio specialist in the Fixed Income
Division. In this role, Mr. Huber will contribute to the investment
process, formulating investment strategy and helping develop new fixed
income products. He will also work closely with the fixed income investment
teams and portfolio specialists to help manage and develop the firm's
relationships with the institutional and retail markets.
Mr. Huber, 48, joins T. Rowe Price from the Maryland State Retirement
and Pension System, where he served as chief investment officer from 2003
to 2006, overseeing $34 billion in assets. Previously, Mr. Huber was
director of fixed income for ING subsidiary Aeltus Investment Management
where he oversaw $30 billion in assets. Prior to this position, he served
as head of asset allocation/quantitative strategy and was a portfolio
manager for multi-sector institutional and retail fixed income portfolios
within Aeltus, which at that time was a subsidiary of Aetna Life &
Casualty.
Mr. Huber holds a master's of business administration from the
University of North Carolina and a bachelor's degree in mathematics from
Virginia Tech. He is both a Chartered Financial Analyst and Fellow of the
Society of Actuaries.
"We are delighted that Steven has joined us as we continue to expand
our fixed income capabilities and client service activities," said Mary
Miller, director of fixed income. "His experience as both a portfolio
manager and manager of a public pension fund, combined with his extensive
quantitative and actuarial background, will be a tremendous asset to the
firm and our clients."
Founded in 1937, Baltimore-based T. Rowe Price (Nasdaq: TROW) is a
global investment management firm with $334.7 billion in assets under
management as of December 31, 2006. The firm provides a broad array of
mutual funds, sub-advisory services, and separate account management for
individual and institutional investors, financial intermediaries, and
retirement plans. T. Rowe Price's disciplined, risk-aware investment
approach focuses on diversification, style consistency, and fundamental
research. More information is available at http://www.troweprice.com.
SOURCE T. Rowe Price Associates
 back to top
Related links:
http://www.troweprice.com
CONTACT:
Brian Lewbart, +1-410-345-2242, or Steve
Norwitz, +1-410-345-2124, or Robert Benjamin, +1-410-345-2205,
all of T. Rowe Price
|
