T. Rowe Price is a global investment management firm, established over 80 years ago in Baltimore Maryland, with one purpose: to help our clients confidently achieve long-term financial success. We manage a wide range of equity, bond and multi-asset strategies, each enhanced by a strategic approach to investing and powered by one of the world's largest proprietary research platforms. At T. Rowe Price we have offices in 17 markets around the world and serve clients in 52 countries. In 2014 we have established our office in Frankfurt am Main, to be closer to our clients across Germany and Austria. The insights and information on this page are designed for German and Austrian professional clients – including financial intermediaries and members of the media – and is published for information purposes only. It does not constitute a distribution, offer, invitation, personal or general recommendation, or solicitation to sell or buy any securities or to conduct any particular investment activity in any jurisdiction. The content has not been reviewed by any regulatory authority. These insights and information do not constitute or undertake to give advice of any nature, including fiduciary investment advice, and prospective investors are recommended to seek independent legal, financial and tax advice before making any investment decision. This page is issued and approved by T. Rowe Price (Luxembourg) Management S.à r.l. 35 Boulevard du Prince Henri L-1724 Luxembourg which is authorised and regulated by the Luxembourg Commission de Surveillance du Secteur Financier. For Professional Clients only. © 2023 T. Rowe Price. All Rights Reserved. T. ROWE PRICE, INVEST WITH CONFIDENCE, and the Bighorn Sheep design are, collectively and/ or apart, trademarks of T. Rowe Price Group, Inc.