1. TROW's assets under management decreased to $1.57 trillion in March 2025. 2. March 2025 recorded net outflows of $1.8 billion; total Q1 outflows were $8.6 billion. 3. Equity assets declined to $773 billion from $827 billion in February 2025. 4. Upcoming Q1 2025 earnings release is on May 2, 2025. 5. Two-thirds of AUM is retirement-related, crucial for TROW's strategic positioning.
The significant net outflows indicate weakening investor confidence, reminiscent of past downturns.
Large outflows impact confidence; upcoming earnings can shift market perception.
Immediate negative sentiment from outflows may lead to short-term stock price pressure.
/PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.57 trillion as of March 31, 2025. Preliminary net outflows were $1.8 billion for March 2025 and $8.6 billion for the quarter-ended March 2025. Preliminary quarterly net flows include $0.7 billion of Manager-driven distributions.
The below table shows the firm's assets under management as of March 31, 2025, and for the prior month- and year-end by asset class and in the firm's target date retirement portfolios.
| As of | Preliminary(a) (in billions) | 3/31/2025 | 2/28/2025 | 12/31/2024 |
|---|---|---|---|---|
| Equity | $ 773 | $ 827 | $ 830 | |
| Fixed income, including money market | 196 | 192 | 188 | |
| Multi-asset | 544 | 555 | 536 | |
| Alternatives | 53 | 53 | 53 | |
| Total assets under management | $ 1,566 | $ 1,627 | $ 1,607 | |
| Target date retirement portfolios | $ 484 | $ 494 | $ 476 |
(a) Preliminary - subject to adjustment
T. Rowe Price will release Q1 2025 earnings on Friday, May 2, 2025 at 7:00 AM ET. The company will host an earnings call from 8:00 – 8:45 AM ET that day. To access the webcast and accompanying materials, visit the company's investor relations website at: investors.troweprice.com.
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 $1.57 trillion in assets under management as of March 31, 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 Group