T. Rowe Price wins extension to manage Maryland's...

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T. Rowe Price Group Inc. has been awarded a contract allowing the money manager to continue overseeing one of Maryland’s college savings plans through 2024. The state’s Board of Public Works approved the $31.3 million contract between T. Rowe and Maryland 529, formerly known as the College Savings Plans of Maryland, on Jan. 25. Baltimore-based T. Rowe has managed the Maryland College Investment Plan since its inception in 2001. Gov. Larry Hogan, Treasurer Nancy Kopp and Comptroller Peter Franchot…