T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.51 trillion as of February 29, 2024. Preliminary net outflows for February 2024 were $2.0 billion.
The below table shows the firm’s assets under management as of February 29, 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) |
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|
(in billions) |
2/29/2024 |
1/31/2024 |
12/31/2023 |
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|
Equity |
$ 785 |
$ 747 |
$ 744 |
|||
|
Fixed income, including money market |
169 |
170 |
170 |
|||
|
Multi-asset |
504 |
486 |
483 |
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|
Alternatives |
48 |
47 |
48 |
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|
Total assets under management |
$ 1,506 |
$ 1,450 |
$ 1,445 |
|||
|
Target date retirement products |
$ 428 |
$ 411 |
$ 408 |
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(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 $1.51 trillion in assets under management as of February 29, 2024, and serves millions of clients globally. News and other updates can be found on Facebook, Instagram, LinkedIn, X, YouTube,
