T. Rowe Price's (TROW) May AUM Improves 3.8% Sequentially

TROW experienced net inflows of $6.7 billion in May 2024. At the end of May, TROW's equity products aggregated$790 billion, which increased 3.7% from the previous month's level. Fixed income (including money market) rose 6.5% to $180 billion. Further, multi-asset products were$524 billion, which jumped 3.6% from the previous month. Alternative products of $48 billion remained unchanged from the prior month's level. Over the past three months, shares of T. Rowe Price have risen 3% compared with the industr ...