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 $2.0 billion.
The below table shows the firm's assets under management as of October 31, 2024, and for the prior quarter-, and year-end by asset class and in the firm's target date retirement portfolios.
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As of
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Preliminary(a)
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(in billions)
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10/31/2024
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9/30/2024
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12/31/2023
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Equity
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$ 817
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$ 832
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$ 744
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Fixed income, including money market
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186
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186
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170
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Multi-asset
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551
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561
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483
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Alternatives
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53
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52
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48
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Total assets under management
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$ 1,607
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$ 1,631
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$ 1,445
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Target date retirement portfolios
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$ 474
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$ 482
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$ 408
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(a)
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Preliminary - subject to adjustment
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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.
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SOURCE T. Rowe Price Group
