BALTIMORE, Jan. 11,
2024 /PRNewswire/ -- T. Rowe Price Group, Inc.
(NASDAQ-GS: TROW), today reported preliminary month-end assets
under management of $1.45 trillion as
of December 31, 2023. Preliminary net outflows were
$9.4 billion for December 2023, and $28.3
billion for the quarter-ended December 31, 2023, bringing preliminary
year-to-date net outflows to $81.8
billion.
The below table shows the firm's assets under management as of
December 31, 2023, and for the prior month-, quarter-, and
year-end by asset class and in the firm's target date retirement
portfolios.
|
|
As of
|
|
|
Preliminary(a)
|
|
|
|
|
|
|
|
(in
billions)
|
|
12/31/2023
|
|
11/30/2023
|
|
9/30/2023
|
|
12/31/2022
|
|
|
|
|
|
|
|
|
|
|
Equity
|
|
$
744
|
|
$
717
|
|
$
690
|
|
$
664
|
|
Fixed income,
including money market
|
|
170
|
|
168
|
|
169
|
|
167
|
|
Multi-asset
|
|
483
|
|
462
|
|
440
|
|
400
|
|
Alternatives
|
|
48
|
|
47
|
|
47
|
|
44
|
|
Total assets under
management
|
|
$
1,445
|
|
$
1,394
|
|
$
1,346
|
|
$
1,275
|
|
|
Target date retirement
products
|
|
$
408
|
|
$
391
|
|
$
372
|
|
$
334
|
|
(a) Preliminary -
subject to adjustment
|
|
|
|
|
|
|
|
|
Q4 2023 Earnings Release and Earnings Call
T. Rowe Price will release Q4
2023 earnings on Thursday, February 8,
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 people 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. Investors rely on the
award-winning firm for its retirement expertise and active
management approach of equity, fixed income, alternatives, and
multi-asset investment capabilities. T. Rowe Price manages $1.45 trillion in assets under management as
of December 31, 2023, 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