Star portfolio manager Henry Ellenbogen will leave T. Rowe Price Group Inc. next month.
Ellenbogen will no longer manage T. Rowe Price's $21.9 billion New Horizons Fund or serve on the fund's investment advisory committee, effective March 31, according to a federal filing Thursday. A spokesman confirmed Ellenbogen will leave the Baltimore-based money manager altogether.
Ellenbogen, 46, has managed the New Horizons Fund since 2010. He is also the lead portfolio manager of the U.S. Small-Cap Growth…