T. Rowe Price July AUM Balance Increases Sequentially, Net Flows Flat

Core Insights - T. Rowe Price Group, Inc. (TROW) reported preliminary assets under management (AUM) of $1.70 trillion for July 2025, reflecting a 1.6% increase from the previous month [1][7] - The company's diversified business model and strong brand are expected to support future AUM growth despite concerns over reliance on investment advisory fees [4] AUM Performance Breakdown - TROW's equity products reached $859 billion, up 2.4% from the prior month [2][7] - Fixed income products, including money market, grew 1% to $202 billion [2][7] - Multi-asset products totaled $586 billion, showing a slight increase [2] - Alternative products valued at $56 billion increased by 1.8% from the previous month [2] Target Date Retirement Portfolios - T. Rowe Price registered $524 billion in target date retirement portfolios in July 2025, showing a marginal increase from the prior month [3] Comparison with Other Asset Managers - Franklin Resources, Inc. (BEN) reported preliminary AUM of $1.62 trillion as of July 31, 2025, with a slight increase attributed to market impacts and flat long-term net inflows [5] - Invesco (IVZ) announced AUM of $2,024.5 billion for July 2025, up 1.2% from the previous month, influenced by favorable market returns despite a negative impact from foreign exchange [6]