T. Rowe Price TROW and KKR & Co. Inc. KKR are well-positioned to benefit from the asset management industry’s favorable yet rapidly evolving backdrop in 2026. Strong capital markets, robust demand for private-market investments and expanding retail access to alternatives continue to support fundraising and assets under management (AUM) growth. At the same time, geopolitical uncertainty, volatile interest rates, stretched valuations and emerging private-credit risks remain key concerns.

Against this backdrop, both TROW and KKR are leveraging their diversified alternative-investment platforms and strong fundraising capabilities. So, which of these asset management stocks currently offers greater upside potential? To…