Over the last two years, markets have endured a global pandemic, war in Ukraine, rising inflation, and monetary tightening. But while the geopolitical and economic backdrop is driving market volatility, Scott Berg, portfolio manager for the T. Rowe Price Global Growth Equity Strategy, wrote in a white paper that, through active management, the firm can separate “the long‑term prospects of stocks from the short‑term narratives surrounding equities in what is a highly unusual period.”
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