Oct. 25, 2002 — New portfolio managers will begin running T Rowe Price Financial Services Fund (PRISX) and T Rowe Price Growth and Income Fund (PRGIX) next week.
Anna Dopkin, who has overseen the Financial Services fund since its inception in 1996, will move to the Growth & Income fund, replacing Robert Sharps. Michael Holton, an analyst with the fund company, will succeed Dopkin.
Sharps, who has piloted the Growth and Income fund for two years, will continue to manage institutional and private accounts at T. Rowe Price, a company spokeswoman said. The changes become effective Oct. 31.
Holton, who joined the Baltimore-based company in 1995, has worked on the Financial Services and Growth and Income funds, and T Rowe Price Capital Appreciation Fund (PRWCX) and T Rowe Price Dividend Growth Fund (PRDGX). His new assignment marks the first time he has managed a portfolio.