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T. Rowe Price Group Reports Preliminary Month-End Assets Under Management For March 2019

BALTIMORE, April 10, 2019 /PRNewswire/ -- T. Rowe Price Group, Inc. (TROW) today reported preliminary month-end assets under management of $1.08 trillion as of March 31, 2019. Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $3.0 billion in March 2019 and $6.1 billion for the quarter-ended March 31, 2019.

The firm's assets under management as of March 31, 2019, and for the prior month- and 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)


3/31/2019


2/28/2019


12/31/2018

U.S. mutual funds







 Equity and blended assets


$

507



$

502



$

441


 Fixed income, including money market


124



123



123




631



625



564


Subadvised and separate accounts and other
investment products







 Equity and blended assets


348



343



299


 Fixed income, including money market


103



101



99




451



444



398


Total assets under management


$

1,082



$

1,069



$

962















Target date retirement products


$

258



$

255



$

230















(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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