financetom
Business
financetom
/
Business
/
T. Rowe Price Group's June Assets Under Management Increase Month Over Month
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
T. Rowe Price Group's June Assets Under Management Increase Month Over Month
Jul 11, 2024 7:49 AM

09:04 AM EDT, 07/11/2024 (MT Newswires) -- T. Rowe Price Group ( TROW ) reported preliminary assets under management Thursday of $1.57 trillion as of June 30, up from $1.54 trillion the previous month.

The firm said its equity assets increased to $810 billion last month from $790 billion at the end of May, while multi-assets were $529 billion, up from $524 billion. Fixed-income assets were unchanged at $180 billion, and alternative assets increased to $50 billion from $48 billion.

The asset manager also reported preliminary net outflows of $2.6 billion for the month.

Price: 116.25, Change: +0.17, Percent Change: +0.15

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
T. Rowe Price Group's June Assets Under Management Increase Month Over Month
T. Rowe Price Group's June Assets Under Management Increase Month Over Month
Jul 11, 2024
09:04 AM EDT, 07/11/2024 (MT Newswires) -- T. Rowe Price Group ( TROW ) reported preliminary assets under management Thursday of $1.57 trillion as of June 30, up from $1.54 trillion the previous month. The firm said its equity assets increased to $810 billion last month from $790 billion at the end of May, while multi-assets were $529 billion, up...
American, United Airlines Shares Are Nosediving Thursday: What's Going On?
American, United Airlines Shares Are Nosediving Thursday: What's Going On?
Jul 11, 2024
Airline stocks including American Airlines Group Inc ( AAL ) and United Airlines Holdings Inc ( UAL ) are losing altitude Thursday in sympathy with Delta Air Lines Inc ( DAL ) , which fell on second-quarter earnings results. What Happened With DAL: Delta reported second-quarter revenue of $16.658 billion, beating the consensus estimate of $15.452 billion. The company reported...
PepsiCo Tempers Full-Year Organic Revenue Outlook as Quarterly Sales Miss Estimates
PepsiCo Tempers Full-Year Organic Revenue Outlook as Quarterly Sales Miss Estimates
Jul 11, 2024
10:15 AM EDT, 07/11/2024 (MT Newswires) -- PepsiCo ( PEP ) tempered its fiscal 2024 organic revenue expectations as second-quarter sales missed market estimates driven by a double-digit decline in the Quaker Foods business in North America. For fiscal 2024, the company now anticipates organic revenue growth of approximately 4%, compared with its prior outlook of at least 4%. The...
--Genesis Energy Keeps Quarterly Distribution at $0.15 per Common Unit, Payable Aug. 14 to Holders of Record July 31
--Genesis Energy Keeps Quarterly Distribution at $0.15 per Common Unit, Payable Aug. 14 to Holders of Record July 31
Jul 11, 2024
10:12 AM EDT, 07/11/2024 (MT Newswires) -- Price: 14.30, Change: +0.21, Percent Change: +1.49 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved