Josh Spencer is the lead portfolio manager for the QM US Small-Cap Growth Equity Strategy, including the New Horizons Strategy, of the U.S. Equity Division. He is president of the New Horizon strategy’s Investment Advisory Committee.

Josh is a vice president and member of the Investment Advisory Committees for the Global Technology Equity, US Mid-Cap Growth Equity, US Small-Cap Core Equity, and the Science & Technology Equity Strategies. He also is an Investment Advisory Committee member of the US Growth Stock and US Large-Cap Growth Equity Strategies. Josh is a vice president of T. Rowe Price Group, Inc.

Josh’s investment experience began in 1998, and he has been with T. Rowe Price since 2004, beginning in the U.S. Equity Division. He was an investment analyst from 2004 to 2012, covering semiconductors and equipment in the technology industry.

Josh also was the portfolio manager of the Global Technology Equity Strategy for nearly seven years.

Prior to T. Rowe Price, Josh was employed by Fidelity Investments as a research analyst and a sector fund portfolio manager, specializing in the consumer industry.

Josh earned a B.A. in economics from Johns Hopkins University, where he was awarded the Max Hochschild Prize for Outstanding Student in Economics; an M.A. in economics from the University of Chicago, where he was awarded the full-tuition Century Scholarship; and an M.B.A. in finance and accounting from The University of Chicago, Booth School of Business, where he was on the dean’s list, an active member of the Investment Management Group, and the editor of the Chicago Advisor investment newsletter.

He is a member of Phi Beta Kappa. Josh also has earned the Chartered Financial Analyst® designation.