BALTIMORE,
July 11,
2024 /PRNewswire/ -- T. Rowe Price Group, Inc.
(NASDAQ-GS: TROW), today reported preliminary month-end assets
under management of $1.57 trillion as of June 30, 2024.
Preliminary net outflows were $2.6
billion for June 2024 and
$3.7 billion for the quarter-ended
June 2024. Preliminary quarterly net
flows include $1.1 billion of
Manager-driven distributions.
The below table shows the firm's assets under
management as of June 30, 2024, 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)
|
|
6/30/2024
|
|
5/31/2024
|
|
3/31/2024
|
|
12/31/2023
|
|
|
|
|
|
|
|
|
|
|
Equity
|
|
$
810
|
|
$
790
|
|
$
803
|
|
$
744
|
|
Fixed income,
including money market
|
|
180
|
|
180
|
|
171
|
|
170
|
|
Multi-asset
|
|
529
|
|
524
|
|
520
|
|
483
|
|
Alternatives
|
|
50
|
|
48
|
|
48
|
|
48
|
|
Total assets under
management
|
|
$
1,569
|
|
$
1,542
|
|
$
1,542
|
|
$
1,445
|
|
|
|
|
|
|
|
|
|
|
Target date retirement
products
|
|
$
453
|
|
$
447
|
|
$
443
|
|
$
408
|
|
(a) Preliminary -
subject to adjustment
|
Q2 2024 Earnings Release and Earnings
Call
T. Rowe Price will
release Q2 2024 earnings on Friday, July 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 $1.57 trillion in assets under management as of
June 30, 2024, and serves millions of clients globally. News
and other updates can be found on Facebook,
Instagram, LinkedIn, X, YouTube, and
troweprice.com/newsroom.
View original
content:https://www.prnewswire.com/news-releases/t-rowe-price-group-reports-preliminary-month-end-assets-under-management-for-june-2024-302194239.html
SOURCE T. Rowe Price Associates, Inc.
