Release Details

T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR NOVEMBER 2023

December 12, 2023

BALTIMORE, Dec. 12, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.39 trillion as of November 30, 2023. Preliminary net outflows for November 2023 were $12.6 billion.

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


11/30/2023


10/31/2023


9/30/2023


12/31/2022










 Equity


$            717


$           668


$            690


$            664

 Fixed income, including money market


168


168


169


167

 Multi-asset


462


429


440


400

 Alternatives


47


47


47


44

Total assets under management


$         1,394


$        1,312


$         1,346


$         1,275

Target date retirement products


$            391


$           364


$            372


$            334

(a) Preliminary - subject to adjustment

About T. Rowe Price

Founded in 1937, T. Rowe Price (NASDAQ - GS: TROW) helps people 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. Investors rely on the award-winning firm for its retirement expertise and active management approach of equity, fixed income, alternatives, and multi-asset investment capabilities. T. Rowe Price manages $1.39 trillion in assets under management as of November 30, 2023, and serves millions of clients globally. News and other updates can be found on FacebookInstagram, LinkedIn, X, YouTube, and troweprice.com/newsroom.

T. ROWE PRICE CONTACTS:

Public Relations


Investor Relations

Jamaal Mobley


Linsley Carruth

410-345-3403


410-345-3717

jamaal.mobley@troweprice.com


linsley.carruth@troweprice.com

 

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SOURCE T. Rowe Price Associates, Inc.; T. Rowe Price Group, Inc.