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T. Rowe Price Records 1.1% Sequential Rise in July AUM

T. Rowe Price Group, Inc. (NASDAQ: TROW) announced its preliminary assets under management of $1.59 trillion for July 2024. The figure reflected a sequential increase of 1.1%. TROW experienced net inflows of $2 billion in July 2024. At the end of July, TROW's equity products aggregated $814 billion, which increased marginally from the previous month's level. Fixed income (including money market) rose 1.1% to $182 billion. Further, multi-asset products were $541 billion, which increased 2.3% from the previous month. Alternative products of $50 billion remained unchanged from the prior month's level. T. Rowe ...