T. Rowe Price Group, Inc.
Feb 12, 2018

T. Rowe Price Group Reports Preliminary Month-End Assets Under Management For January 2018

BALTIMORE, Feb. 12, 2018 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $1.05 trillion as of January 31, 2018.  Client transfers from mutual funds to other portfolios were $3.7 billion for the month-ended January 31, 2018.

The firm's assets under management as of January 31, 2018 and for prior year-end, by investment vehicle, asset class, and in the firm's target date retirement portfolios are as follows:

 



As of



Preliminary(a)



(in billions)


1/31/2018


12/31/2017

Sponsored U.S. mutual funds





 Stock and blended asset


$

509



$

480


 Bond and money market


128



126




637



606


Other investment portfolios





 Stock and blended asset


315



292


 Bond, money market, and stable value


95



93




410



385


Total assets under management


$

1,047



$

991











Target date retirement portfolios


$

244



$

232


(a) Preliminary - subject to adjustment

 

Founded in 1937, Baltimore-based T. Rowe Price (troweprice.com) is a global investment management organization that provides a broad array of mutual funds, subadvisory services, and separate account management for individual and institutional investors, retirement plans, and financial intermediaries. The organization also offers a variety of sophisticated investment planning and guidance tools. T. Rowe Price's disciplined, risk-aware investment approach focuses on diversification, style consistency, and fundamental research.

 

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SOURCE T. Rowe Price Group, Inc.

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