09:03 AM EDT, 05/10/2024 (MT Newswires) -- T. Rowe Price Group ( TROW ) reported preliminary assets under management Friday of $1.485 trillion as of April 30, down from $1.542 trillion the previous month.

The firm said its equity assets declined to $762 billion from $803 billion at the end of March, while multi-assets were $506 billion, down from $520 billion. Fixed-income assets declined to $169 billion from $171 billion, and alternative assets were unchanged at $48 billion.

The asset manager also reported preliminary net outflows of $7.8 billion for the month.

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