T. Rowe Price Group Reports Preliminary Month-End Assets Under Management for January 2022
BALTIMORE, MD (STL.News) T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $1.58 trillion as of January 31, 2022. Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $2.2 billion in January 2022. These client transfers include $1.9 billion transferred to the target-date retirement trusts during January.
The following table shows the firm’s assets under management as of January 31, 2022, and for the prior year-end, by investment vehicle, asset class, and in the firm’s target-date retirement portfolios. The fee-basis assets under management, acquired through the Oak Hill Advisors, L.P. (OHA) acquisition completed on December 29, 2021, have been reflected in the asset classes noted below.