T. Rowe Price CEO Sharps on Private Assets and AI Adoption

T. Rowe Price CEO Rob Sharps discusses how the company is adapting to the rise of passive investing.

Speaking with Romaine Bostick on "Bloomberg The Close," Sharps also says private assets are slowly moving into 401(k) plans and sees "tax-loss harvesting" as a growth area.

He also discusses how the firm is utilizing artificial intelligence. (Source: Bloomberg)