Press release
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR AUGUST 2024
BALTIMORE, Sept. 12, 2024 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.61
About this update from T. Rowe Price Group, Inc.
[{"type":"text","content":"BALTIMORE, Sept. 12, 2024 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.61 trillion as of August 31, 2024. Preliminary net outflows for August 2024 were $5.3 billion.\n\nThe below table shows the firm's assets under management as of August 31, 2024, and for the prior month-, quarter-, and year-end by asset class and in the firm's target date retirement portfolios.\nAs of\nPreliminary(a)\n(in billions)\n8/31/2024\n7/31/2024\n6/30/2024\n12/31/2023\n Equity\n$ 825\n$ 814\n$ 810\n$ 744\n Fixed income, including money market\n183\n182\n180\n170\n Multi-asset\n553\n541\n529\n483\n Alternatives\n51\n50\n50\n48\nTotal assets under management\n$ 1,612\n$ 1,587\n$ 1,569\n$ 1,445\nTarget date retirement portfolios\n$ 474\n$ 464\n$ 453\n$ 408\n(a) Preliminary - subject to adjustment\n \nAbout T. Rowe Price\nFounded 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 serves millions of clients globally and manages $1.61 trillion in assets under management as of August 31, 2024. About two-thirds of the assets under management are retirement-related. News and other updates can be found on Facebook, Instagram, LinkedIn, X, YouTube, and troweprice.com/newsroom.\n\n View original content:https://www.prnewswire.com/news-releases/t-rowe-price-group-reports-preliminary-month-end-assets-under-management-for-august-2024-302246526.html\nSOURCE T. Rowe Price Group","length":34910,"tagName":"div"}]