T. Rowe Price assets reach $1.803 trillion despite continued outflows

T. Rowe Price Group (NASDAQ:TROW) reported preliminary month-end assets under management of $1.803 trillion for February 2026, a marginal increase from the $1.797 trillion recorded at the end of January.

The gain in total assets came despite a challenging month for flows, with the Baltimore-based money manager posting $5.3 billion in net outflows.

The February performance highlights a persistent trend of client redemptions for the active management giant, following a $5.2 billion net outflow in January.

While the firm continues to navigate structural shifts toward lower-fee passive products, its total scale remains supported by market appreciation within its core equity and retirement-focused strategies.

A breakdown of the firm’s assets by class shows that Equities remain the largest component at $868 billion.

The firm’s Multi-asset division, which includes its influential target-date franchise, reached $660 billion, while Target-date portfolios alone accounted for $593 billion of the total AUM.

Other asset classes remained relatively stable.

Fixed income assets were reported at $216 billion, and the firm’s burgeoning Alternatives segment held at $59 billion.