BALTIMORE, Feb. 12, 2024 /PRNewswire/ -- T. Rowe Price
Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end
assets under management of $1.45
trillion as of January 31, 2024. Preliminary net
outflows for January 2024 were
$4.8 billion.
The below table shows the firm's assets under management as of
January 31, 2024, and for the prior year-end by asset class
and in the firm's target date retirement portfolios.
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As of
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Preliminary(a)
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(in
billions)
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1/31/2024
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12/31/2023
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|
|
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|
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Equity
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|
$
|
747
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|
$
|
744
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Fixed income,
including money market
|
|
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170
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|
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170
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Multi-asset
|
|
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486
|
|
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483
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Alternatives
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|
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47
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|
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48
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Total assets under
management
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$
|
1,450
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|
$
|
1,445
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|
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Target date retirement
products
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$
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411
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$
|
408
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(a) Preliminary -
subject to adjustment
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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 January 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