T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR OCTOBER 2024
BALTIMORE, Nov. 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 October 31, 2024. Preliminary net outflows for October 2024 were $2.0 billion.
The below table shows the firm's assets under management as of October 31, 2024, and for the prior quarter-, and year-end by asset class and in the firm's target date retirement portfolios.
As of |
||||||
Preliminary(a) |
||||||
(in billions) |
10/31/2024 |
9/30/2024 |
12/31/2023 |
|||
Equity |
$ 817 |
$ 832 |
$ 744 |
|||
Fixed income, including money market |
186 |
186 |
170 |
|||
Multi-asset |
551 |
561 |
483 |
|||
Alternatives |
53 |
52 |
48 |
|||
Total assets under management |
$ 1,607 |
$ 1,631 |
$ 1,445 |
|||
Target date retirement portfolios |
$ 474 |
$ 482 |
$ 408 |
|||
(a) |
Preliminary - subject to adjustment |
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 October 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.
SOURCE T. Rowe Price Group
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