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

Published 2024-02-12, 10:20 a/m
Updated 2024-02-12, 10:20 a/m

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 (NYSE:TGT) 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 (NASDAQ:META), Instagram, LinkedIn, X, YouTube, and troweprice.com/newsroom.

View original content:https://www.prnewswire.com/news-releases/t-rowe-price-group-reports-preliminary-month-end-assets-under-management-for-january-2024-302059330.html

SOURCE T. Rowe Price Group

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