T. Rowe Price Group Q3 Quarter End Assets Under Management $1.35T
Portfolio Pulse from Benzinga Newsdesk
T. Rowe Price Group has reported its Q3 quarter end assets under management (AUM) at $1.35 trillion.
October 27, 2023 | 11:09 am
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POSITIVE IMPACT
T. Rowe Price Group's Q3 AUM is $1.35 trillion, indicating a strong asset base.
AUM is a key indicator of a financial institution's health and earning potential. A high AUM indicates a strong asset base, which can lead to increased revenues from management fees. Therefore, this news is likely to have a positive impact on TROW's stock price in the short term.
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