BALTIMORE, MD (STL.News) T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $1.21 trillion as of January 31, 2020. Client transfers from mutual funds to other investment portfolios, including trusts and separate accounts, were $2.8 billion in January 2020.
Founded in 1937, Baltimore-based T. Rowe Price is a global investment management organization that provides a broad array of mutual funds, sub-advisory services, and separate account management for individual and institutional investors, retirement plans, and financial intermediaries. The organization also offers a variety of sophisticated investment planning and guidance tools. T. Rowe Price’s disciplined, risk-aware investment approach focuses on diversification, style consistency, and fundamental research.
The firm’s assets under management as of January 31, 2020, and for the prior year-end, by investment vehicle, asset class, and in the firm’s target date retirement portfolios are as follows:
NOTE: this is NOT the complete release.