T. Rowe Price Group (TROW) reported preliminary assets under management Monday of $1.563 trillion as of April 30, down from $1.566 trillion in the previous month.
The company said its equity assets decreased to $767 billion last month from $773 billion at the end of March, while multi-assets increased to $545 billion from $544 billion.
Fixed-income assets, including money market, were $198 billion, up from $196 billion, while alternative assets remained the same at $53 billion.
Preliminary net outflows were $3.5 billion for the month, the asset manager said.
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