T. Rowe Price Group Reports Preliminary Month-End Assets Under Management For April 2018
Donnerstag, 10.05.2018 14:35 von PR Newswire
PR Newswire
BALTIMORE, May 10, 2018
BALTIMORE, May 10, 2018 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $1.02 trillion as of April 30, 2018. Client transfers from mutual funds to other portfolios, including trusts and separate accounts were $2.5 billion and $11.4 billion for the month-ended and year-to-date period ended April 30, 2018, respectively.
The firm's assets under management as of April 30, 2018, and for the prior quarter- and year-end, by investment vehicle, asset class, and in the firm's target date retirement portfolios are as follows:
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As of | ||||||||||||
|
Preliminary(a) |
||||||||||||
|
(in billions) |
4/30/2018 |
3/31/2018 |
12/31/2017 | |||||||||
|
Sponsored U.S. mutual funds |
||||||||||||
|
Stock and blended asset |
$ |
486 |
$ |
484 |
$ |
480 |
||||||
|
Bond and money market |
128 |
129 |
126 |
|||||||||
|
614 |
613 |
606 |
||||||||||
|
Other investment portfolios |
||||||||||||
|
Stock and blended asset |
309 |
305 |
292 |
|||||||||
|
Bond, money market, and stable value |
97 |
96 |
93 |
|||||||||
|
406 |
401 |
385 |
||||||||||
|
Total assets under management |
$ |
1,020 |
$ |
1,014 |
$ |
991 |
||||||
|
Target date retirement portfolios(b) |
$ |
241 |
$ |
240 |
$ |
234 |
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(a) Preliminary - subject to adjustment | ||||||||||||
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(b) Includes the assets under management of the firm's target date retirement mutual funds and trusts as well as those target date retirement portfolios managed in separate accounts. | ||||||||||||
Founded in 1937, Baltimore-based T. Rowe Price (troweprice.com) is a global investment management organization that provides a broad array of mutual funds, subadvisory 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.
SOURCE T. Rowe Price Group, Inc.