T. Rowe Price's August AUM Balance Improves 1.6% Sequentially

T. Rowe Price Group, Inc. (TROW) announced its preliminary assets under management (AUM) of $1.61 trillion for August 2024. The figure reflected a sequential increase of 1.6%. TROW experienced net outflows of$ 5.3 billion in August 2024. Breakdown of TROW's AUM Performance At the end of August, TROW's equity products aggregated $825 billion, which increased 1.4% from the previous month's level. Fixed income (including money market) rose marginally to$ 183 billion. Further, multiasset products were $553 bill ...