T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR JANUARY 2025
Rhea-AI Summary
T. Rowe Price Group (NASDAQ-GS: TROW) reported preliminary assets under management (AUM) of $1.65 trillion as of January 31, 2025. The firm experienced net outflows of $2.1 billion during January 2025.
The AUM breakdown shows: Equity at $854 billion (up from $830 billion), Fixed income including money market at $190 billion (up from $188 billion), Multi-asset at $553 billion (up from $536 billion), and Alternatives steady at $53 billion. Target date retirement portfolios increased to $492 billion from $476 billion at year-end 2024.
Positive
- Total AUM increased by $43 billion from December 2024 to January 2025
- Equity assets grew by $24 billion month-over-month
- Multi-asset portfolios increased by $17 billion
- Target date retirement portfolios grew by $16 billion
Negative
- Net outflows of $2.1 billion in January 2025
News Market Reaction – TROW
On the day this news was published, TROW declined 1.94%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
The below table shows the firm's assets under management as of January 31, 2025, and for the prior year-end by asset class and in the firm's target date retirement portfolios.
As of | ||||
Preliminary(a) | ||||
(in billions) | 1/31/2025 | 12/31/2024 | ||
Equity | $ 854 | $ 830 | ||
Fixed income, including money market | 190 | 188 | ||
Multi-asset | 553 | 536 | ||
Alternatives | 53 | 53 | ||
Total assets under management | $ 1,650 | $ 1,607 | ||
Target date retirement portfolios | $ 492 | $ 476 | ||
(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
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SOURCE T. Rowe Price Group