T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.54 trillion as of March 31, 2024. Preliminary net outflows were $1.2 billion for March 2024 and $8.0 billion for the quarter-ended March 2024.
The below table shows the firm’s assets under management as of March 31, 2024, and for the prior month- and 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) |
3/31/2024 |
2/29/2024 |
12/31/2023 |
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|
Equity |
$ 803 |
$ 785 |
$ 744 |
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|
Fixed income, including money market |
171 |
169 |
170 |
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|
Multi-asset |
520 |
504 |
483 |
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|
Alternatives |
48 |
48 |
48 |
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|
Total assets under management |
$ 1,542 |
$ 1,506 |
$ 1,445 |
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|
Target date retirement products |
$ 443 |
$ 428 |
$ 408 |
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|
(a) Preliminary – subject to adjustment |
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Q1 2024 Earnings Release and Earnings Call
T. Rowe Price will release Q1 2024 earnings on Friday, April 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 $1.54 trillion in assets under management as of March 31, 2024, and serves millions of clients globally. News and other updates can be found on Facebook, Instagram, LinkedIn, X, YouTube
