personal investing
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The chief investment officer and chairman of T. Rowe Price will step down next year as portfolio manager of one of the company¿s biggest investment funds. - New skatepark in Hampden, which draws about 100 people a day, many from out of town, holds its grand opening May 3. It's a big day for them, and for Stephanie Murdock, who raised money for seven years, and for the owners of Vu, a skateboard shop that opened on Falls Road around the corner from the skatepark.
- Legg Mason Inc. has agreed to acquire QS Investors, a New York-based investment firm with $4.1 billion in assets under management and nearly $100 billion in assets under advisory.
- The banner year for the stock market brought good news to Baltimore money management firms, with leaders pointing to a rising tide that buoyed their funds and their companies' prospects.
- Report notes lack of annual reports, failure to inventory collection
- Maryland financial professionals look back on financial crisis and the repercussions still being felt
- Baltimore's Matthew Wyskiel co-founded fundraiser that sells tickets to evening with area stock pickers.
- Taymour Tamaddon discusses his first six months after becoming manager of Price's Health Sciences Fund.
- Timothy E. Parker, manager of T. Rowe Price's New Era Fund who had announced earlier this year he would be leaving, has decided to remain with the Baltimore-based money manager, the company said.
- John H. "Jack" Laporte, a longtime T. Rowe Price portfolio manager, philanthropist and one of the minority owners of the Orioles, died Aug. 12 of lymphoma at his Ruxton home. He was 68.
- The Legg Mason Capital Management Value Trust fund is doing something not seen in years — beating the stock market.
- T. Rowe Price has a reputation as a place where portfolio managers can spend their entire careers. But during 12 weeks this year, three fund managers left the Baltimore-based investment company or announced plans to do so.
- Time is running out to file tax returns. In the rush, avoid errors and don't overlook a valuable tax breaks.
- Would Ben Carson approve cutting research at Hopkins to balance the federal budget?
- Hopkins surgeon's prayer breakfast remarks were not groundbreaking — or even especially confrontational
- Mark E. Stoeckle has been named CEO for Adams Express Co. and Petroleum & Resources Corp., replacing retiring Douglas G. Ober, who had announced last year his intention to step down.
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- There's a good chance during open enrollment this fall that you will be offered a high-deductible insurance plan with a savings account — if you haven't already been nudged into one.
- A nonprofit organization that helps procure financing for small business in Howard County lost its county government funding last year — a cut its board members said "stymied" its operations. The James Rouse Entrepreneurial Fund is not slated to get county funding again this year, prompting board members to plead with the County Council at a public hearing Thursday.
- If there's one silver lining to the market volatility of the last two weeks, it's that it gives us a peek at our real appetite for risk.
- New York investor Nelson Peltz has acquired a bigger share of Baltimore-based Legg Mason Inc., buying 2.65 million shares of the Baltimore money manager for $76.5 million between Aug. 1 and Aug. 3, a Securities and Exchange Commission filing shows.
