T. Price Rowe logo

Release Details

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

December 11, 2024

BALTIMORE, Dec. 11, 2024 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.67 trillion as of November 30, 2024. Preliminary net outflows for November 2024 were $6.4 billion, which includes a portion of the previously disclosed subadvisory redemption.

The below table shows the firm's assets under management as of November 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)

 

11/30/2024

 

10/31/2024

 

9/30/2024

 

12/31/2023

         

 Equity

 

$            859

 

$            817

 

$            832

 

$            744

 Fixed income, including money market

 

187

 

186

 

186

 

170

 Multi-asset

 

568

 

551

 

561

 

483

 Alternatives

 

53

 

53

 

52

 

48

Total assets under management

 

$         1,667

 

$         1,607

 

$         1,631

 

$         1,445

Target date retirement portfolios

 

$            491

 

$            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 $1.67 trillion in assets under management as of November 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.

 

Cision View original content:https://www.prnewswire.com/news-releases/t-rowe-price-group-reports-preliminary-month-end-assets-under-management-for-november-2024-302328937.html

SOURCE T. Rowe Price Group

Public Relations, Jamaal Mobley, 410-345-3403, jamaal.mobley@troweprice.com; or Investor Relations, Linsley Carruth, 410-345-3717, linsley.carruth@troweprice.com