Inside Active: T. Rowe’s Rizzo on Finding Tech Winners
Inside Active
T. Rowe’s Rizzo on Finding Tech Winners
Over the past decade, tech investing has been dominated by a handful of mega-cap companies, but AI is opening the door to a broader and potentially very different set of future winners. In this episode of Inside Active, host David Cohne, mutual fund and active management analyst at Bloomberg Intelligence, spoke with Dominic Rizzo, portfolio manager of the T. Rowe Price Global Technology Equity Fund (PRGTX) and the T. Rowe Price Technology ETF, ticker TTEQ, about his investment framework, how he identifies linchpin technologies and improving fundamentals, and why active managers may be better positioned than passive strategies to uncover the next generation of tech winners. The conversation also covers valuation, portfolio concentration, the impact of AI on productivity and growth, and how private companies like OpenAI and Anthropic fit into the opportunity set. Recorded March 30.
Apr 14, 2026