BALTIMORE, July 13, 2021 /PRNewswire/ -- T. Rowe Price
Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end
assets under management of $1.62
trillion as of June 30, 2021. Client transfers from
mutual funds to other portfolios, including trusts and separate
accounts, were $2.8 billion in
June 2021, and $9.2 billion for the quarter-ended June 30,
2021. This brings total client transfers for the year-to-date
period ended June 30, 2021, to $14.8
billion. These client transfers include $0.6 billion, $5.9
billion and $10.8 billion,
respectively, transferred to the target-date retirement trusts
during the June, second quarter, and year-to-date periods.
The firm's assets under management as of June 30, 2021, and
for the prior month-, quarter-, and year-end, by investment
vehicle, asset class, and in the firm's target date retirement
portfolios are as follows:
|
|
As of
|
|
|
Preliminary(a)
|
|
|
|
|
|
|
|
(in
billions)
|
|
6/30/2021
|
|
5/31/2021
|
|
3/31/2021
|
|
12/31/2020
|
|
U.S. mutual
funds
|
|
|
|
|
|
|
|
|
|
Equity
|
|
$
|
551
|
|
|
$
|
535
|
|
|
$
|
512
|
|
|
$
|
498
|
|
|
Fixed income,
including money market
|
|
86
|
|
|
86
|
|
|
82
|
|
|
79
|
|
|
Multi-asset(b)
|
|
229
|
|
|
229
|
|
|
222
|
|
|
217
|
|
|
|
866
|
|
|
850
|
|
|
816
|
|
|
794
|
|
|
Subadvised and
separate accounts and other
investment products
|
|
|
|
|
|
|
|
|
|
Equity
|
|
435
|
|
|
425
|
|
|
406
|
|
|
397
|
|
|
Fixed income,
including money market
|
|
92
|
|
|
92
|
|
|
90
|
|
|
89
|
|
|
Multi-asset(b)
|
|
230
|
|
|
226
|
|
|
206
|
|
|
190
|
|
|
|
757
|
|
|
743
|
|
|
702
|
|
|
676
|
|
|
Total assets under
management
|
|
$
|
1,623
|
|
|
$
|
1,593
|
|
|
$
|
1,518
|
|
|
$
|
1,470
|
|
|
|
Target date
retirement products
|
|
$
|
379
|
|
|
$
|
376
|
|
|
$
|
352
|
|
|
$
|
332
|
|
|
|
|
(a)
|
Preliminary - subject
to adjustment
|
|
(b)
|
The underlying assets
under management of the multi-asset portfolios have been aggregated
and presented as a separate line and not reported in the equity and
fixed income lines.
|
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.
Supplemental Information
The following table reflects the data with the underlying assets
under management of the multi-asset portfolios included within the
equity and fixed income lines.
|
|
As of
|
|
|
Preliminary(a)
|
|
|
|
|
|
|
|
(in
billions)
|
|
6/30/2021
|
|
5/31/2021
|
|
3/31/2021
|
|
12/31/2020
|
|
U.S. mutual
funds
|
|
|
|
|
|
|
|
|
|
Equity and
blended assets
|
|
$
|
719
|
|
|
$
|
705
|
|
|
$
|
677
|
|
|
$
|
661
|
|
|
Fixed income,
including money market
|
|
147
|
|
|
145
|
|
|
139
|
|
|
133
|
|
|
|
866
|
|
|
850
|
|
|
816
|
|
|
794
|
|
|
Subadvised and
separate accounts and other
investment products
|
|
|
|
|
|
|
|
|
|
Equity and
blended assets
|
|
615
|
|
|
602
|
|
|
568
|
|
|
546
|
|
|
Fixed income,
including money market
|
|
142
|
|
|
141
|
|
|
134
|
|
|
130
|
|
|
|
757
|
|
|
743
|
|
|
702
|
|
|
676
|
|
|
Total assets under
management
|
|
$
|
1,623
|
|
|
$
|
1,593
|
|
|
$
|
1,518
|
|
|
$
|
1,470
|
|
|
|
(a) Preliminary
- subject to adjustment
|
View original
content:https://www.prnewswire.com/news-releases/t-rowe-price-group-reports-preliminary-month-end-assets-under-management-for-june-2021-301332541.html
SOURCE T. Rowe Price Group, Inc.