08:55 AM EST, 02/12/2025 (MT Newswires) -- T. Rowe Price Group ( TROW ) reported preliminary assets under management Wednesday of $1.65 trillion as of Jan. 31, up from $1.607 trillion the previous month.

The company said its equity assets increased to $854 billion last month from $830 billion at the end of December, while multi-assets rose to $553 billion from $536 billion.

Fixed-income assets, including money market, were $190 billion, up from $188 billion, while alternative assets remained unchanged at $53 billion.

The asset manager also reported preliminary net outflows of $2.1 billion for the month.