T. Rowe Price's (TROW) May AUM Improves 3.8% Sequentially

T. Rowe Price Group, Inc. (TROW) announced its preliminary assets under management (AUM) of $1.54 trillion for May 2024. The figure reflected a sequential increase of 3.8%. TROW experienced net inflows of$ 6.7 billion in May 2024. At the end of May, TROW’s equity products aggregated $790 billion, which increased 3.7% from the previous month’s level. Fixed income (including money market) rose 6.5% to$ 180 billion. Further, multi-asset products were $524 billion, which jumped 3.6% from the previous month. Alt ...