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T. Rowe Price
ISIN: US74144T1088
WKN: 870967
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T. Rowe Price · ISIN: US74144T1088 · PR Newswire (ID: 20241010PH28147)
10 October 2024 02:30PM

T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR SEPTEMBER 2024


BALTIMORE, Oct. 10, 2024 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.63 trillion as of September 30, 2024. Preliminary net outflows were $4.9 billion for September 2024 and $12.2 billion for the quarter-ended September 30, 2024. Preliminary quarterly net flows include $0.8 billion of Manager-driven distributions.

The below table shows the firm's assets under management as of September 30, 2024, 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)



9/30/2024



8/31/2024



6/30/2024



12/31/2023



















 Equity



$            832



$            825



$            810



$            744

 Fixed income, including money market



186



183



180



170

 Multi-asset



561



553



529



483

 Alternatives



52



51



50



48

Total assets under management



$         1,631



$         1,612



$         1,569



$         1,445



















Target date retirement portfolios



$            482



$            474



$            453



$            408

(a) Preliminary - subject to adjustment

Q3 2024 Earnings Release and Earnings Call

T. Rowe Price will release Q3 2024 earnings on Friday, November 1, 2024 at 7:00 AM ET. The company will host an earnings call from 8:00 - 8:45 AM ET that day. To access the webcast and accompanying materials, visit the company's investor relations website at: investors.troweprice.com.

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 $1.63 trillion in assets under management as of September 30, 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.

Cision View original content:https://www.prnewswire.com/news-releases/t-rowe-price-group-reports-preliminary-month-end-assets-under-management-for-september-2024-302272896.html

SOURCE T. Rowe Price Group

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