1. T. Rowe Price reports assets under management of $1.56 trillion. 2. Net outflows for April 2025 reach $3.5 billion. 3. Equity assets decline from $830 billion a year prior. 4. Fixed income assets increased slightly compared to last quarter. 5. Target date retirement portfolios show steady growth year-over-year.
The asset outflows highlight decreased investor confidence, aligning with historical trends where outflows directly impact stock prices negatively.
The reported outflows and decline in equity assets are significant enough to affect TROW's valuation and investor sentiments.
The immediate drop in assets under management can lead to a quick negative market reaction, as seen previously with similar asset management firms.
T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.56 trillion as of April 30, 2025. Preliminary net outflows for April 2025 were $3.5 billion.
The below table shows the firm's assets under management as of April 30, 2025, and for the prior quarter- and year-end by asset class and in the firm's target date retirement portfolios.
| As of | Preliminary(a) (in billions) | 4/30/2025 | 3/31/2025 | 12/31/2024 |
|---|---|---|---|---|
| Equity | $ 767 | $ 773 | $ 830 | |
| Fixed income, including money market | 198 | 196 | 188 | |
| Multi-asset | 545 | 544 | 536 | |
| Alternatives | 53 | 53 | 53 | |
| Total assets under management | $ 1,563 | $ 1,566 | $ 1,607 | |
| Target date retirement portfolios | $ 485 | $ 484 | $ 476 |
(a) Preliminary - subject to adjustment
Founded in 1937, T. Rowe Price (NASDAQ – GS: TROW) helps individuals and institutions around the world achieve their long-term investment goals. As a large global asset management company known for investment excellence, retirement leadership, and independent proprietary research, the firm is built on a culture of integrity that puts client interests first. Clients rely on the award-winning firm for its retirement expertise and active management of equity, fixed income, alternatives, and multi-asset investment capabilities. T. Rowe Price serves millions of clients globally and manages $1.56 trillion in assets under management as of April 30, 2025. About two-thirds of the assets under management are retirement-related. News and other updates can be found on Facebook, Instagram, LinkedIn, X, YouTube, and troweprice.com/newsroom.
SOURCE T. Rowe Price Associates, Inc.