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T. Rowe Price Group Reports Preliminary Month-End Assets Under Management for January 2019

BALTIMORE, Feb. 12, 2019 /PRNewswire/ -- T. Rowe Price Group, Inc. (TROW) today reported preliminary month-end assets under management of $1.04 trillion as of January 31, 2019. Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $2.7 billion in January 2019.

The firm's assets under management as of January 31, 2019, and for the 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)


1/31/2019


12/31/2018

U.S. mutual funds





 Equity and blended assets


$

485



$

441


 Fixed income, including money market


122



123




607



564


Subadvised and separate accounts and other investment products





 Equity and blended assets


332



299


 Fixed income, including money market


100



99




432



398


Total assets under management


$

1,039



$

962


Target date retirement products


$

247



$

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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