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

February, 12 2024 08:30 AM T. Rowe Price Group Inc.

PR Newswire

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 .

SOURCE T. Rowe Price Group

Company Name:	T. Rowe Price Group Inc.
Stock Symbol:	TROW
Market:	NASDAQ

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