BALTIMORE, April 10,
2024 /PRNewswire/ -- T. Rowe Price Group, Inc.
(NASDAQ-GS: TROW), today reported preliminary month-end assets
under management of $1.54 trillion as
of March 31, 2024. Preliminary net outflows were $1.2 billion for March
2024 and $8.0 billion for the
quarter-ended March 2024.
The below table shows the firm's assets under management as of
March 31, 2024, and for the prior
month- and year-end by asset class and in the firm's target date
retirement portfolios.
|
|
As of
|
|
|
Preliminary(a)
|
|
|
|
|
(in
billions)
|
|
3/31/2024
|
|
2/29/2024
|
|
12/31/2023
|
|
|
|
|
|
|
|
Equity
|
|
$
803
|
|
$
785
|
|
$
744
|
Fixed income,
including money market
|
|
171
|
|
169
|
|
170
|
Multi-asset
|
|
520
|
|
504
|
|
483
|
Alternatives
|
|
48
|
|
48
|
|
48
|
Total assets under
management
|
|
$
1,542
|
|
$
1,506
|
|
$
1,445
|
|
|
|
|
|
|
|
Target date retirement
products
|
|
$
443
|
|
$
428
|
|
$
408
|
(a) Preliminary -
subject to adjustment
|
|
|
|
|
|
Q1 2024 Earnings Release and Earnings Call
T. Rowe Price will release Q1
2024 earnings on Friday, April 26,
2024 at 7:00 AM ET. The
company will host an earnings call from 8:00 – 8:45 AM ET that day. To access the webcast
and accompanying materials, visit the company's investor relations
website at: investors.troweprice.com
About T. Rowe Price
Founded in 1937, T. Rowe Price
(NASDAQ – GS: TROW) helps individuals and institutions around the
world achieve their long-term investment goals. As a large global
asset management company known for investment excellence,
retirement leadership, and independent proprietary research, the
firm is built on a culture of integrity that puts client interests
first. Clients rely on the award-winning firm for its retirement
expertise and active management of equity, fixed income,
alternatives, and multi-asset investment capabilities. T.
Rowe Price has $1.54 trillion in assets under management as of
March 31, 2024, and serves millions of clients globally. News
and other updates can be found on Facebook,
Instagram, LinkedIn, X, YouTube, and
troweprice.com/newsroom.
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SOURCE T. Rowe Price Group