T. Rowe Price’s July AUM rises to $1.87 trillion
Asset manager reports 2.1% monthly increase in assets under management despite market volatility.
T. Rowe Price reported July assets under management (AUM) of $1.87 trillion, a 2.1% increase from the prior month.
The Baltimore-based asset manager attributed the rise to net inflows and positive market performance, offsetting some outflows in equity strategies. Fixed-income and multi-asset products continued to drive growth, while equity strategies saw modest net outflows.
The company did not provide a breakdown of inflows by asset class or region. T. Rowe Price’s AUM has fluctuated in recent months amid broader market uncertainty, including concerns over inflation and central bank policy shifts.
The firm’s latest AUM figure follows a June total of $1.83 trillion, reflecting a gradual recovery from a softer start to the year. T. Rowe Price remains one of the largest publicly traded asset managers globally, with a diversified investment platform spanning equities, fixed income, and alternative strategies.
Helena covers corporate news for listed and private companies across Europe, from strategy shifts to leadership changes, with an eye for what a story signals about the broader market.
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