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

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Nov 12, 2024, 08:30 ET

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.