BALTIMORE, Oct. 10,
2024 /PRNewswire/ -- T. Rowe Price Group, Inc.
(NASDAQ-GS: TROW), today reported preliminary month-end assets
under management of $1.63 trillion as of September 30,
2024. Preliminary net outflows were $4.9
billion for September 2024 and $12.2 billion for the quarter-ended
September 30, 2024. Preliminary quarterly net flows include
$0.8 billion of Manager-driven
distributions.
The below table shows the firm's assets under management as of
September 30, 2024, 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)
|
|
9/30/2024
|
|
8/31/2024
|
|
6/30/2024
|
|
12/31/2023
|
|
|
|
|
|
|
|
|
|
|
Equity
|
|
$
832
|
|
$
825
|
|
$
810
|
|
$
744
|
|
Fixed income,
including money market
|
|
186
|
|
183
|
|
180
|
|
170
|
|
Multi-asset
|
|
561
|
|
553
|
|
529
|
|
483
|
|
Alternatives
|
|
52
|
|
51
|
|
50
|
|
48
|
|
Total assets under
management
|
|
$
1,631
|
|
$
1,612
|
|
$
1,569
|
|
$
1,445
|
|
|
|
|
|
|
|
|
|
|
Target date retirement
portfolios
|
|
$
482
|
|
$
474
|
|
$
453
|
|
$
408
|
|
(a) Preliminary -
subject to adjustment
|
Q3 2024 Earnings Release and Earnings Call
T. Rowe Price will release Q3
2024 earnings on Friday, November 1,
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 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 $1.63
trillion in assets under management as of September 30,
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-september-2024-302272896.html
SOURCE T. Rowe Price Group
