Core Insights - T. Rowe Price Group, Inc. reported preliminary month-end assets under management of 1.65trillionasofJanuary31,2025,reflectinganincreasefrom1.607 trillion at the end of 2024 [1][2] - The firm experienced preliminary net outflows of 2.1billioninJanuary2025[1]−Theassetsundermanagementbyassetclassinclude854 billion in equity, 190billioninfixedincome(includingmoneymarket),553 billion in multi-asset, and 53billioninalternatives[2]AssetClassBreakdown−Equityassetsincreasedfrom830 billion at the end of 2024 to 854billionasofJanuary31,2025[2]−Fixedincomeassetsroseslightlyfrom188 billion to 190billionduringthesameperiod[2]−Multi−assetinvestmentsgrewfrom536 billion to 553billion[2]−Alternativesremainedstableat53 billion [2] Target Date Retirement Portfolios - Target date retirement portfolios saw an increase in assets from 476billionattheendof2024to492 billion as of January 31, 2025 [2] - Approximately two-thirds of T. Rowe Price's total assets under management are related to retirement [3]