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 |
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Target date retirement products | | $ | 411 | | $ | 408 |
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(a) Preliminary - subject to adjustment | ||||||
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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