Core Insights - T. Rowe Price Group, Inc. reported preliminary month-end assets under management of 1.63trillionasofFebruary28,2025,withnetoutflowsof4.7 billion for February 2025 [1][3]. Summary by Category Assets Under Management - As of February 28, 2025, total assets under management were 1,627billion,adecreasefrom1,650 billion as of January 31, 2025, and an increase from 1,607billionasofDecember31,2024[2].−Thebreakdownofassetsbyclassincludes:−Equity:827 billion (down from 854billioninJanuary2025andupfrom830 billion in December 2024) [2]. - Fixed income, including money market: 192billion(upfrom190 billion in January 2025 and up from 188billioninDecember2024)[2].−Multi−asset:555 billion (up from 553billioninJanuary2025andupfrom536 billion in December 2024) [2]. - Alternatives: 53billion(unchangedfromJanuary2025andDecember2024)[2].−Targetdateretirementportfoliosamountedto494 billion, slightly up from 492billioninJanuary2025andsignificantlyupfrom476 billion in December 2024 [2]. Company Overview - T. Rowe Price, founded in 1937, is a global asset management company known for its investment excellence and retirement leadership, managing $1.63 trillion in assets as of February 28, 2025 [3]. - Approximately two-thirds of the assets under management are related to retirement [3].