BALTIMORE, Oct. 11,
2023 /PRNewswire/ -- T. Rowe Price Group, Inc.
(NASDAQ-GS: TROW), today reported preliminary month-end assets
under management of $1.35 trillion as
of September 30, 2023. Preliminary net outflows were
$4.2 billion for September 2023 and $17.4
billion for the quarter-ended September 2023.
The below table shows the firm's assets under management as of
September 30, 2023, 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)
|
|
9/30/2023
|
|
8/31/2023
|
|
6/30/2023
|
|
12/31/2022
|
|
|
|
|
|
|
|
|
|
Equity
|
|
$
690
|
|
$
730
|
|
$
732
|
|
$
664
|
Fixed income,
including money market
|
|
169
|
|
169
|
|
169
|
|
167
|
Multi-asset
|
|
440
|
|
457
|
|
453
|
|
400
|
Alternatives
|
|
47
|
|
46
|
|
45
|
|
44
|
Total assets under
management
|
|
$
1,346
|
|
$
1,402
|
|
$
1,399
|
|
$
1,275
|
|
|
|
|
|
|
|
|
|
Target date retirement
products
|
|
$
372
|
|
$
384
|
|
$
380
|
|
$
334
|
(a) Preliminary -
subject to adjustment
|
T. Rowe Price will release Q3
2023 earnings on Friday, October 27,
2023 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
Founded in 1937, Baltimore-based T. Rowe Price (troweprice.com) is a global
investment management organization that provides a broad array of
mutual funds, subadvisory services, and separate account management
for individual and institutional investors, retirement plans, and
financial intermediaries. The organization also offers a variety of
sophisticated investment planning and guidance tools. T.
Rowe Price's disciplined, risk-aware
investment approach focuses on diversification, style consistency,
and fundamental research.
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SOURCE T. Rowe Price Associates, Inc.