T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR MARCH 2025

Core Insights - T. Rowe Price Group, Inc. reported preliminary month-end assets under management of $1.57 trillion as of March 31, 2025, reflecting a decrease from the previous month [1][5] - The company experienced preliminary net outflows of $1.8 billion for March 2025 and $8.6 billion for the quarter ended March 2025 [1] - The quarterly net flows included $0.7 billion of Manager-driven distributions [1] Asset Management Breakdown - As of March 31, 2025, the asset management breakdown is as follows: - Equity: $773 billion, down from $827 billion in February 2025 and $830 billion in December 2024 [3] - Fixed income, including money market: $196 billion, up from $192 billion in February 2025 and $188 billion in December 2024 [3] - Multi-asset: $544 billion, down from $555 billion in February 2025 and up from $536 billion in December 2024 [3] - Alternatives: $53 billion, unchanged from February 2025 and December 2024 [3] - Total assets under management: $1,566 billion, down from $1,627 billion in February 2025 and $1,607 billion in December 2024 [3] - Target date retirement portfolios: $484 billion, down from $494 billion in February 2025 and up from $476 billion in December 2024 [3] Upcoming Earnings Release - T. Rowe Price is scheduled to release Q1 2025 earnings on May 2, 2025, at 7:00 AM ET, followed by an earnings call from 8:00 to 8:45 AM ET [4]