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

Insights

Asset Management Analyst

The latest AUM report from T. Rowe Price reveals both strengths and challenges in their asset management business. The firm's total AUM reached $1.65 trillion, marking a $43 billion increase from December, primarily driven by market appreciation across equity and multi-asset portfolios. This growth occurred despite $2.1 billion in net outflows, highlighting the double-edged nature of the current market environment.

The composition of AUM provides valuable insights into institutional investor behavior and market dynamics. Equity assets, at $854 billion, represent 51.8% of total AUM, showing strong market performance but also potential concentration risk. The $17 billion growth in multi-asset solutions to $553 billion reflects increasing demand for diversified investment strategies in uncertain market conditions.

Target date retirement portfolios, now at $492 billion, demonstrated robust growth of $16 billion, underscoring T. Rowe's strong position in the retirement solutions market. This segment represents nearly 30% of total AUM, providing a stable, long-term revenue base through market cycles.

The continued net outflows, while concerning, should be viewed in the context of broader industry trends where active managers face pressure from passive investment vehicles. However, T. Rowe's ability to grow AUM through market appreciation demonstrates the firm's portfolio management capabilities and the potential for revenue growth through higher fee-generating equity assets.

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.

		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 $1.65 trillion in assets under management as of January 31, 2025. 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.

 

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SOURCE T. Rowe Price Group

FAQ

What was T. Rowe Price's (TROW) total AUM as of January 31, 2025?

T. Rowe Price reported preliminary assets under management of $1.65 trillion as of January 31, 2025.

How much were TROW's net outflows in January 2025?

T. Rowe Price experienced net outflows of $2.1 billion in January 2025.

What was the change in TROW's equity assets from December 2024 to January 2025?

T. Rowe Price's equity assets increased from $830 billion to $854 billion, a $24 billion increase.

How much did TROW's target date retirement portfolios grow in January 2025?

T. Rowe Price's target date retirement portfolios grew from $476 billion to $492 billion, a $16 billion increase.

What was the total increase in TROW's AUM from December 2024 to January 2025?

T. Rowe Price's total AUM increased by $43 billion, from $1.607 trillion to $1.65 trillion.