T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR JANUARY 2024

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.

			As of
			Preliminary(a)
(in billions)			1/31/2024			12/31/2023
Equity		$	747		$	744
Fixed income, including money market			170			170
Multi-asset			486			483
Alternatives			47			48
Total assets under management		$	1,450		$	1,445
Target date retirement products		$	411		$	408
(a) Preliminary - subject to adjustment

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.

 

View original content:https://www.prnewswire.com/news-releases/t-rowe-price-group-reports-preliminary-month-end-assets-under-management-for-january-2024-302059330.html

SOURCE T. Rowe Price Group

Copyright 2024 PR Newswire