T. Rowe Price Group Reports Preliminary Month-End Assets Under Management For May 2019
BALTIMORE, June 12, 2019 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $1.07 trillion as of May 31, 2019. Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $0.3 billion in May 2019 and $2.7 billion for the quarter-to-date period ended May 31, 2019. This brings total client transfers for the year-to-date period ended May 31, 2019, to $8.8 billion. The firm's assets under management as of May 31, 2019, and for the prior month-, quarter-, and year-end, by investment vehicle, asset class, and in the firm's target date retirement portfolios are as follows:
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. View original content:http://www.prnewswire.com/news-releases/t-rowe-price-group-reports-preliminary-month-end-assets-under-management-for-may-2019-300866295.html SOURCE T. Rowe Price Group, Inc. |
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