T. Rowe Price Group Reports Preliminary Month-End Assets Under Management For June 2020
T. Rowe Price Group, Inc. (TROW)
Last t. rowe price group, inc. earnings: 4/28 07:30 am
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trow.client.shareholder.com
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Source: PR Newswire
BALTIMORE, July 13, 2020 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $1.22 trillion as of June 30, 2020. Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $1.1 billion in June 2020, and $4.4 billion for the quarter-ended June 30, 2020. This brings total client transfers for the year-to-date period ended June 30, 2020, to $8.8 billion.These client transfers include $1.0 billion, $1.7 billion, and $5.8 billion, respectively, transferred to the target-date retirement trusts during the June, quarter-to-date, and year-to-date periods.In the assets under management presentation immediately below, the firm has separately broken out the assets under management for the firm's multi-asset portfolios, which will align to the disclosures included in the quarterly earnings release. All prior periods presented have been reclassified to conform to the new presentation
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