US investment firm T. Rowe Price has launched its first retirement funds for retail investors in Hong Kong and Singapore.
The two funds – one for pre-retirees and one for post-retirees – are exclusive to clients of Hongkong and Shanghai Banking Corporation, T. Rowe Price says in a statement on September 29.
The T. Rowe Price Funds SICAV – Retirement Allocation Fund – 1 is designed for post-retirement investors and focuses on sustainable withdrawals through a conservative allocation mix.
The T. Rowe Price Funds SICAV – Retirement Allocation Fund – 2 is tailored for pre-retirement investors and focuses on capital accumulation.
Investors can switch between the two funds as their retirement timelines change.
Baltimore-based T. Rowe Price managed around US$1.73 trillion of assets as of June 2025.
