PR Newswire
BALTIMORE , Dec. 12, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.39 trillion as of November 30, 2023 . Preliminary net outflows for November 2023 were $12.6 billion .
The below table shows the firm's assets under management as of November 30, 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) | | 11/30/2023 | | 10/31/2023 | | 9/30/2023 | | 12/31/2022 |
| | | | | | | | |
Equity | | 717 | | 668 | | 690 | | 664 |
Fixed income, including money market | | 168 | | 168 | | 169 | | 167 |
Multi-asset | | 462 | | 429 | | 440 | | 400 |
Alternatives | | 47 | | 47 | | 47 | | 44 |
Total assets under management | | 1,394 | | 1,312 | | 1,346 | | 1,275 |
Target date retirement products | | 391 | | 364 | | 372 | | 334 |
(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 $1.39 trillion in assets under management as of November 30, 2023, and serves millions of clients globally. News and other updates can be found on Facebook , Instagram , LinkedIn , X , YouTube , and troweprice.com/newsroom .
T. ROWE PRICE CONTACTS:
Public Relations | | Investor Relations |
Jamaal Mobley | | Linsley Carruth |
410-345-3403 | | 410-345-3717 |
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SOURCE T. Rowe Price Associates, Inc.; T. Rowe Price Group, Inc.