Award nomination is seventh of Giroux's illustrious career
BALTIMORE, June 17, 2025 /PRNewswire/ -- T. Rowe Price (NASDAQ-GS: TROW), a global investment management firm and leader in retirement, announced that David Giroux has been nominated for the 2025 U.S. Morningstar Outstanding Portfolio Manager award in the Allocation category. The nomination is part of the annual Morningstar Awards for Investing Excellence; it's Giroux's seventh in his 19 years as a portfolio manager at T. Rowe Price. Previously, Giroux was named as U.S. Morningstar Outstanding Portfolio Manager for 2012 and 2017.
BALTIMORE, June 11, 2025 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.62 trillion as of May 31, 2025. Preliminary net outflows for May 2025 were $4.4 billion.
The below table shows the firm's assets under management as of May 31, 2025, and for the prior month-, quarter- and year-end by asset class and in the firm's target date retirement portfolios.
Investing in a post-globalization world with reconfigured global trade necessitates a careful assessment of market opportunities and risks
BALTIMORE, June 9, 2025 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, released its midyear outlook for global financial markets for the remainder of 2025. Underpinning the outlook for the next six months is an accelerated trend toward deglobalization, a tariff-driven reconfiguration of global trade, an expected broadening of stock market opportunities globally beyond U.S. equities and mega-cap tech stocks, and a bond market regime change driven by trade policy changes and German fiscal expansion.
New report provides parents with savings benchmarks to gauge whether their college savings strategy remains on track from year to year
BALTIMORE, May 28, 2025 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, announced the release of age-based benchmarks in its latest Insights report on college savings. The report, authored by Roger Young, CFP®, Thought Leadership Director at T. Rowe Price, provides insights into the strategies and tools available to families as they save for higher education.
T. Rowe Price Investment Institute head Justin Thomson decodes investing psychology with renowned expert Herman Brodie
BALTIMORE, May 20, 2025 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, announced the latest episode of "The Angle," an investment-themed podcast focused on timely topics shaping financial markets.
In "Decoding Behavioral Finance: An interview with Herman Brodie," T. Rowe Price Investment Institute head Justin Thomson delves into topics such as the impact of human behavioral biases on investment decisions, why investment losses are perceived with more intensity than gains, and the most common mistakes that investors make. His guest is noted expert, educator, and author Herman Brodie, the founder of Prospecta Limited, a UK-based consultancy that advises businesses on the use of behavioral sciences research. Brodie is also the author of "The Trust Mandate: The behavioral science behind how asset managers really win and keep clients."
BALTIMORE, May 12, 2025 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.56 trillion as of April 30, 2025. Preliminary net outflows for April 2025 were $3.5 billion.
The below table shows the firm's assets under management as of April 30, 2025, and for the prior quarter- and year-end by asset class and in the firm's target date retirement portfolios.
BALTIMORE, May 9, 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 June 27, 2025, to stockholders of record as of the close of business on June 13, 2025.
Additionally, at its annual meeting yesterday, T. Rowe Price Group, Inc.'s stockholders:
Elected 11 directors to its Board of Directors;Approved, by a nonbinding advisory vote, the compensation paid by the Company to its Named Executive Officers;Ratified the appointment of KPMG LLP as the Company's independent registered public accounting firm for 2025; andDeclined to approve a stockholder proposal for a shareholder approval requirement for excessive golden parachutes.BALTIMORE, May 7, 2025 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, announced the latest episode of "The Angle," an investment-themed podcast focused on timely topics shaping financial markets and featuring guests from some of the world's leading companies.
In the newest episode, host Eric Veiel, head of Global Investments and chief investment officer for T. Rowe Price, speaks with Jensen Huang, founder and CEO of NVIDIA, about the AI revolution.
BALTIMORE, May 2, 2025 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported its financial results for the first quarter of 2025. The earnings release can be found on the firm's website at troweprice.com/newsroom.
Chair, Chief Executive Officer, and President Rob Sharps and Chief Financial Officer Jen Dardis will provide an update on business performance, review financial results, and answer questions on a webcast today from 8:00 - 8:45 AM ET. To access the webcast or to obtain dial-in instructions to ask a question, please visit investors.troweprice.com.
The in-plan emergency savings accounts, believed to be an industry first, allows retirement savers the ability to directly contribute to emergency savings
BALTIMORE, April 22, 2025 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, today announced the launch of its in-plan emergency savings accounts (ESAs) for retirement plan participants, believed to be an industry first. The solution is made possible by the passage of the SECURE 2.0 Act of 2022 which includes a provision for pension-linked emergency savings accounts that allows non-highly compensated employees to save up to $2,500 toward emergency expenses within their 401(k), 403(b) or governmental 457(b), if permitted by the plan. Once they have reached the $2,500 limit, any additional contributions are automatically converted to non-ESA Roth contributions toward their retirement account.
New report features latest trends in 401(k) plan design and participant behavior, based on the firm's recordkeeping client data for 2024
BALTIMORE, April 16, 2025 /PRNewswire/ -- T. Rowe Price, a global investment management firm and leader in retirement today published its annual benchmarking report on 401(k) plan design and participant behavior, and found the average loan size grew by 4%, slightly higher than inflation in 2024. Participants across all age groups saw increases in average loan size, including those closer to retirement age, suggesting that financial wellness challenges are not felt solely by younger age groups. Loan usage also saw an uptick, increasing by two points since 2023, but remains below the 2015 to 2019 highs.
BALTIMORE, April 10, 2025 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.57 trillion as of March 31, 2025. Preliminary net outflows were $1.8 billion for March 2025 and $8.6 billion for the quarter-ended March 2025. Preliminary quarterly net flows include $0.7 billion of Manager-driven distributions.
The Social Security Analyzer tool and "Power of Social Security" program are among the firm's latest resources to help financial advisors incorporate research-based guidance and personalization into retirement income planning
BALTIMORE, April 1, 2025 /PRNewswire/ -- T. Rowe Price (NASDAQ-GS: TROW), a global investment management firm and leader in retirement, has launched Social Security Analyzer (SSAnalyzer™), a tool designed to help financial advisors optimize their clients' benefits by building custom strategies, conducting in-depth analysis, and providing side-by-side comparisons among various Social Security claiming strategies. The tool comes as a new T. Rowe Price survey revealed retirement savers, including pre-retirees, lack a basic understanding of Social Security benefits, underscoring the urgent need for a resource like this.
Capital Appreciation Premium Income ETF and Hedged Equity ETF began trading on NYSE today
BALTIMORE, March 27, 2025 /PRNewswire/ -- T. Rowe Price (NASDAQ-GS: TROW), a global investment management firm, announced today the addition of two new active transparent equity exchange-traded funds (ETF): T. Rowe Price Capital Appreciation Premium Income ETF (Ticker: TCAL) and T. Rowe Price Hedged Equity ETF (Ticker: THEQ). These debuts expand the firm's roster to 19 total active ETFs. Both new funds began trading on NYSE Arca, Inc.
Education is Key to Closing the Social Security Knowledge Gap and Restoring Confidence in the System
BALTIMORE, March 25, 2025 /PRNewswire/ -- T. Rowe Price, a global investment management firm and leader in retirement, published a new white paper today revealing that many retirement savers, including pre-retirees, lack a basic understanding of Social Security benefits. Given the complexity of the system, this knowledge gap is understandable, but it underscores the urgent need for better education and guidance around this critical aspect of retirement planning. The paper features the latest findings from the firm's annual Retirement Savings and Spending Study, conducted in 2024, which explores the financial attitudes and behaviors of 401(k) savers.
BALTIMORE, March 12, 2025 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.63 trillion as of February 28, 2025. Preliminary net outflows for February 2025 were $4.7 billion.
The below table shows the firm's assets under management as of February 28, 2025, and for the prior month- and year-end by asset class and in the firm's target date retirement portfolios.
Meredith Kopit Levien, president and CEO of The New York Times Company, talks with Eric Veiel, head of Global Investments and chief investment officer, about the newspaper business and more
BALTIMORE, March 5, 2025 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, announce the newest episode of "The Angle," an investment-themed podcast focused on timely topics shaping financial markets.
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.
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