BALTIMORE, Feb. 12, 2025 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.65 trillion as of January 31, 2025. Preliminary net outflows for January 2025 were $2.1 billion.

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.

BALTIMORE, Feb. 11, 2025 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), announced today that its Board of Directors has declared a quarterly dividend of $1.27 per share payable March 28, 2025, to stockholders of record as of the close of business on March 14, 2025. The quarterly dividend rate represents a 2.42% increase over the previous quarterly dividend rate of $1.24 per share. This will mark the 39th consecutive year since the firm's initial public offering that the company will have increased its regular annual dividend.

Mike Meligrigoris responsible for sales, service, and consultant relations

BALTIMORE, Feb. 6, 2025 /CNW/ -- T. Rowe Price (Canada), Inc., announced that it has hired Mike Meligrigoris, CFA®, as vice president for its institutional business in Canada. In this role, he will lead sales, client service, and consultant relations in Eastern Canada. Meligrigoris is based in Montreal and reports to Lauren Bloom, T. Rowe Price's head of Canada.

BALTIMORE, Feb. 5, 2025 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported its financial results for the fourth quarter and full year 2024. The earnings release can be found on the firm's website at troweprice.com/newsroom.

Chair, CEO, and President Rob Sharps, Chief Financial Officer Jen Dardis, and Head of Global Investments Eric Veiel will provide an update on business performance, review financial results, and answer questions on a webcast today from 8:00 - 8:45 AM (Eastern Time). To access the webcast or to obtain dial-in instructions to ask a question, please visit investors.troweprice.com.

Jeff Helsing appointed to newly created position to drive commercial engagement across fixed income asset class

BALTIMORE, Jan. 22, 2025 /PRNewswire/ --  T. Rowe Price, a global investment management firm and a leader in retirement, announced that it has hired Jeff Helsing as Institutional Business Development (IBD) Executive, Fixed Income, a new role. He will report to Doug Greenstein, the Head of US Institutional Business Development in T. Rowe Price's Americas institutional division.

New installment of investment podcast to feature interviews with CEOs and C-suite executives sharing personal stories and leadership strategies

BALTIMORE, Jan. 16, 2025 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, announce the launch of a new feature "The Angle," an investment-themed podcast focused on timely topics shaping financial markets.

Experts discuss the continued evolution of target date and default investment options, the increasing adoption of retirement income solutions, and the growing momentum for emergency savings programs

BALTIMORE, Jan. 15, 2025 /PRNewswire/ -- T. Rowe Price, a global investment management firm and leader in retirement, today held its annual U.S. Retirement Market Outlook press briefing, offering research-based insights on major themes expected to shape the retirement landscape in 2025. A select panel of the firm's retirement experts shared their perspectives on trending topics that will present challenges and opportunities this year for the industry and retirement savers.

David Giroux's fund has beaten its Morningstar peer group average for 17 consecutive years

BALTIMORE, Jan. 14, 2025 /PRNewswire/ -- T. Rowe Price (NASDAQ-GS: TROW), a global investment management firm and leader in retirement, announced that, as of the close of 2024, the T. Rowe Price Capital Appreciation Fund (Ticker: PRWCX) holds the longest streak of outperformance versus its Morningstar peers among any U.S. equity or multi-asset fund under the same portfolio manager. Managed by David Giroux, CFA®, the fund has beaten its Morningstar peer group average for 17 consecutive years1, setting the record not only in its Moderate Allocation peer group but also among all U.S. equity or multi-asset peer groups.The assessment of Giroux's performance streak is based on an analysis by T. Rowe Price, which compared the Capital Appreciation Fund to more than 3,000 funds since 1925, reflecting the first full calendar year of performance of the first mutual fund. The analysis reviewed U.S. domiciled funds and exchange traded funds (ETFs) within the Morningstar Direct database that have at least a 17-year track record. The analysis concluded that no multi-asset or U.S. equity mutual fund or ETF in history has had a longer streak under the same portfolio manager.An investor who made an initial investment of $100,000 in the Capital Appreciation Fund in 2008, would have had $490,000 at the end of 2024, compared to $253,000 from the Morningstar U.S. Fund Moderate Allocation category average, or 94% more dollars than the category average.

BALTIMORE, Jan. 13, 2025 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.61 trillion as of December 31, 2024. Preliminary net outflows were $10.9 billion for December 2024, $19.3 billion for the quarter-ended December 31, 2024, and $43.2 billion for the year. Preliminary quarterly net flows include substantially all of the previously disclosed subadvisory redemption and $0.8 billion of Manager-driven distributions.

New guide offers data-driven analysis and actionable guidance for the second half of retirement

BALTIMORE, Jan. 7, 2025 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, announced today a new resource for retirees, "Planning for Life and Long-term Care in The Second Half of Retirement: A Comprehensive Guide." The guide is designed to help retirees and soon-to-be retirees navigate the complexities and opportunities of the later stages of retirement and explores how the financial implications of long-term care (LTC) can be incorporated into their overall retirement plan.