BALTIMORE, Sept. 12,
2024 /PRNewswire/ -- T. Rowe Price Group, Inc.
(NASDAQ-GS: TROW), today reported preliminary month-end assets
under management of $1.61 trillion as of August 31, 2024.
Preliminary net outflows for August
2024 were $5.3 billion.
The below table shows the firm's assets under management as of
August 31, 2024, and for the prior month-, quarter-, and
year-end by asset class and in the firm's target date retirement
portfolios.
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As of
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Preliminary(a)
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|
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(in
billions)
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8/31/2024
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7/31/2024
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6/30/2024
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12/31/2023
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|
|
|
|
|
|
|
|
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Equity
|
|
$
825
|
|
$
814
|
|
$
810
|
|
$
744
|
|
Fixed income,
including money market
|
|
183
|
|
182
|
|
180
|
|
170
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|
Multi-asset
|
|
553
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|
541
|
|
529
|
|
483
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Alternatives
|
|
51
|
|
50
|
|
50
|
|
48
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|
Total assets under
management
|
|
$
1,612
|
|
$
1,587
|
|
$
1,569
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|
$
1,445
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|
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|
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Target date retirement
portfolios
|
|
$
474
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|
$
464
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|
$
453
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|
$
408
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|
|
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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 individuals and institutions
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. Clients rely on the award-winning firm for
its retirement expertise and active management of equity, fixed
income, alternatives, and multi-asset investment capabilities. T.
Rowe Price serves millions of
clients globally and manages $1.61
trillion in assets under management as of August 31,
2024. About two-thirds of the assets under management are
retirement-related. News and other updates can be found on
Facebook, 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-august-2024-302246526.html
SOURCE T. Rowe Price Group
