T. Rowe Price Group's Preliminary Assets Under Management Rise in November

MT Newswires Live12-11

T. Rowe Price Group (TROW) reported preliminary assets under management Wednesday of $1.667 trillion as of Nov. 30, up from $1.607 trillion in the previous month.

Equity assets rose to $859 billion last month from $817 billion at the end of October, while multi-assets were $568 billion, up from $551 billion, the company said.

Fixed-income assets increased to $187 billion, compared with $186 billion a month earlier, while alternative assets were unchanged at $53 billion, T. Rowe said.

The asset manager also reported preliminary net outflows of $6.40 billion for the month.

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