BALTIMORE, Aug. 12, 2024 /PRNewswire/ -- T. Rowe Price
Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end
assets under management of $1.59
trillion as of July 31, 2024.
Preliminary net outflows for July
2024 were $2.0 billion.
The below table shows the firm's assets under management as of
July 31, 2024, and for the prior quarter- and year-end by
asset class and in the firm's target date retirement
portfolios.
|
|
As of
|
|
|
Preliminary(a)
|
|
|
|
|
|
(in
billions)
|
|
7/31/2024
|
|
6/30/2024
|
|
12/31/2023
|
|
|
|
|
|
|
|
|
Equity
|
|
$
814
|
|
$
810
|
|
$
744
|
|
Fixed income,
including money market
|
|
182
|
|
180
|
|
170
|
|
Multi-asset
|
|
541
|
|
529
|
|
483
|
|
Alternatives
|
|
50
|
|
50
|
|
48
|
|
Total assets under
management
|
|
$
1,587
|
|
$
1,569
|
|
$
1,445
|
|
|
Target date retirement
products
|
|
$
464
|
|
$
453
|
|
$
408
|
|
(a) Preliminary -
subject to adjustment
|
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 $1.59 trillion in assets under management as of
July 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
