Toby Thompson is a portfolio manager in the Multi-Asset Division. He is a co-portfolio manager of the Balanced Fund, Global Allocation Funds, Moderate Allocation Portfolio, Spectrum Funds, ActivePlus® Portfolios, and Managed Volatility Strategies. Toby is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc. Toby’s investment experience began in 1994, and he has been with T. Rowe Price since 2010, beginning in the retirement plan services group. Prior to this, Toby was employed by I.A.M. as director of investments of the National Pension Fund. He also was a principal with Brown Investment Advisory, where he worked in fixed income research, served as director of open architecture and asset allocation, and was a member of the firm's Strategic Investment Committee. Toby earned a B.S. in business and economics from Towson University and an M.B.A. from Loyola University Maryland. Toby also has earned the Chartered Financial Analyst® and Chartered Alternative Investment Analyst designations. Toby is a former chairman of the National Aquarium Foundation in Baltimore.