1. T. Rowe Price's AUM reached $1.79 trillion as of November 2025. 2. The firm experienced net outflows of $8 billion in November. 3. AUM shows a slight decrease compared to the previous month. 4. Equity and multi-asset classes attract significant investments. 5. Retirement-related assets constitute two-thirds of their total AUM.
FAQ
Why Bearish?
The significant net outflows of $8 billion may diminish investor confidence, leading to downtrends in TROW's stock price. Historically, large outflows have negatively impacted firms in asset management, such as in periods following financial crises when investor withdrawal was high.
How important is it?
The article reports critical financial metrics directly related to T. Rowe Price's performance. The negative trend in outflows is highly relevant as it reflects investor sentiment and management efficiency.
Why Short Term?
The immediate repercussions from substantial outflows can impact TROW's price within a few months. Short-term investor sentiment may be affected by perceptions of asset management stability.
BALTIMORE, Dec. 10, 2025 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced preliminary November month-end assets under management of $1.79 trillion. Preliminary net outflows for November 2025 were $8.0 billion.
The below table shows the firm's assets under management as of November 30, 2025, and for the prior month-, quarter- and year-end by asset class and in the firm's target date retirement portfolios.
As of | ||||||||
(in billions) | 11/30/2025(a)(b) | 10/31/2025 | 9/30/2025 | 12/31/2024 | ||||
Equity | $ 891 | $ 902 | $ 885 | $ 830 | ||||
Fixed income, including money market | 211 | 210 | 208 | 188 | ||||
Multi-asset | 628 | 622 | 618 | 536 | ||||
Alternatives | 57 | 56 | 56 | 53 | ||||
Total assets under management | $ 1,787 | $ 1,790 | $ 1,767 | $ 1,607 | ||||
Target date retirement portfolios | $ 562 | $ 557 | $ 553 | $ 476 | ||||
(a) Preliminary - subject to adjustment | ||||||||
(b) Beginning in July 2025, managed account - model delivery assets are included in assets under management. | ||||||||
ABOUT T. ROWE PRICE
T. Rowe Price (NASDAQ-GS: TROW) is a leading global asset management firm, entrusted with managing $1.79 trillion in client assets as of November 30, 2025, about two-thirds of which are retirement-related. Renowned for over 85 years of investment excellence, retirement leadership, and independent proprietary research, the firm leverages its long-standing expertise to ask better questions that can drive better investment decisions. Built on a culture of integrity and prioritizing client interests, T. Rowe Price empowers millions of investors worldwide to thrive amidst evolving markets. Visit troweprice.com/newsroom for news and public policy commentary.
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SOURCE T. Rowe Price Group