T. Rowe Price Group Reports Second Quarter 2021 Results

Rhea-AI Summary

T. Rowe Price Group (TROW) reported its financial results for Q2 2021, with $1.62 trillion in assets under management as of June 30, 2021. The earnings release provides insights into the company's performance and strategic focus on diversification and risk-aware investment approaches. T. Rowe Price offers a range of services including mutual funds, subadvisory services, and investment planning tools for individual and institutional investors.

Positive

• Total assets under management increased to $1.62 trillion, indicating strong investor confidence.
• Continued focus on diversification and fundamental research enhances investment strategies.

Negative

• None.

BALTIMORE, July 29, 2021 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported its financial results for the second quarter of 2021. The earnings release can be found on the firm's website at troweprice.com/media.

ABOUT T. ROWE PRICE

Founded in 1937, Baltimore-based T. Rowe Price Group, Inc. (troweprice.com), is a global investment management organization with $1.62 trillion in assets under management as of June 30, 2021. The organization provides a broad array of mutual funds, subadvisory services, and separate account management for individual and institutional investors, retirement plans, and financial intermediaries. The company also offers sophisticated investment planning and guidance tools. T. Rowe Price's disciplined, risk-aware investment approach focuses on diversification, style consistency, and fundamental research.

T. ROWE PRICE CONTACTS:
Public Relations	Investor Relations
Brian Lewbart	Linsley Carruth
410-345-2242	410-345-3717
brian.lewbart@troweprice.com	linsley.carruth@troweprice.com

 

View original content:https://www.prnewswire.com/news-releases/t-rowe-price-group-reports-second-quarter-2021-results-301344039.html

SOURCE T. Rowe Price Group, Inc.

FAQ

What were T. Rowe Price's financial results for the second quarter of 2021?

T. Rowe Price reported its financial results for Q2 2021, achieving $1.62 trillion in assets under management.

What services does T. Rowe Price offer?

T. Rowe Price provides mutual funds, subadvisory services, separate account management, and investment planning tools.

How does T. Rowe Price manage risks in investments?

T. Rowe Price follows a disciplined, risk-aware investment approach focusing on diversification and fundamental research.