T. Rowe Price Engagement Policy

T. Rowe Price has released a formal engagement policy. In the policy, they define engagement, prioritization and their philosophy towards this process.

There is guidance on how best to approach this process for companies in the FAQs, including how to contact them, what information to provide in the initial outreach to maximize the potential for discussions and how to prepare.  T. Rowe is very clear that engagement discussions should be with the company directly, that third parties, such as proxy solicitors, should not contact investment analysts or portfolio managers directly “under any circumstances”, echoing the sentiments of most investment professionals.

The full engagement policy is available on the Governance Gateway for all council members.

TRoweP Blog 2018