T. Rowe Price European Stock’s new manager and process have potential, but it’s still very early days, so both of its share classes warrant Morningstar Analyst Ratings of Neutral.
Will PRESX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PRESX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PRESX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of PRESX’s parent organization’s priorities and whether they’re in line with investors’ interests.