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home / news releases / TROW - T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR DECEMBER 2023


TROW - T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR DECEMBER 2023

PR Newswire

BALTIMORE , Jan. 11, 2024 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.45 trillion as of December 31, 2023. Preliminary net outflows were $9.4 billion for December 2023 , and $28.3 billion for the quarter-ended December 31, 2023 , bringing preliminary year-to-date net outflows to $81.8 billion .

The below table shows the firm's assets under management as of December 31, 2023, and for the prior month-, quarter-, and year-end by asset class and in the firm's target date retirement portfolios.



As of



Preliminary (a)







(in billions)


12/31/2023


11/30/2023


9/30/2023


12/31/2022










Equity


744


717


690


664

Fixed income, including money market


170


168


169


167

Multi-asset


483


462


440


400

Alternatives


48


47


47


44

Total assets under management


1,445


1,394


1,346


1,275


Target date retirement products


408


391


372


334

(a) Preliminary - subject to adjustment









Q4 2023 Earnings Release and Earnings Call

T. Rowe Price will release Q4 2023 earnings on Thursday, February 8, 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 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 December 31, 2023, 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

Stock Information

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

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