Kotak MF, T. Rowe Price To Roll Out Feeder Product Soon

Kolkata: Kotak Mahindra MF, which has recently joined hands with T. Rowe Price, hopes to launch its feeder product shortly. The two had declared the agreement in February. T. Rowe Price, set up in the 1930s, had over $330 billion under management at the end of last year. The proposed fund will infuse in the Luxembourg-domiciled T. Rowe Price Funds SICAV, Global Emerging Markets Equity Fund. The latter has a diversified portfolio, a made up of companies that are associated with economies in Asia, Latin America, West Asia and the like.