T. Rowe Price(US:TROW) Prnewswire·2025-03-12 12:30Core Insights - T. Rowe Price Group, Inc. reported preliminary month-end assets under management of $1.63 trillion as of February 28, 2025, with net outflows of $4.7 billion for February 2025 [1][3]. Summary by Category Assets Under Management - As of February 28, 2025, total assets under management were $1,627 billion, a decrease from $1,650 billion as of January 31, 2025, and an increase from $1,607 billion as of December 31, 2024 [2]. - The breakdown of assets by class includes: - Equity: $827 billion (down from $854 billion in January 2025 and up from $830 billion in December 2024) [2]. - Fixed income, including money market: $192 billion (up from $190 billion in January 2025 and up from $188 billion in December 2024) [2]. - Multi-asset: $555 billion (up from $553 billion in January 2025 and up from $536 billion in December 2024) [2]. - Alternatives: $53 billion (unchanged from January 2025 and December 2024) [2]. - Target date retirement portfolios amounted to $494 billion, slightly up from $492 billion in January 2025 and significantly up from $476 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].