08:52 AM EDT, 04/10/2025 (MT Newswires) -- T. Rowe Price Group ( TROW ) reported Thursday preliminary assets under management of $1.57 trillion as of March 31, down from $1.63 trillion in the previous month.

The company said its equity assets decreased to $773 billion last month from $827 billion at the end of February, while multi-assets decreased to $544 billion from $555 billion.

Fixed-income assets, including money market, were $196 billion, up from $192 billion, while alternative assets remained the same at $53 billion.

Preliminary net outflows were $1.8 billion for the month and $8.6 billion for the quarter ended March 31, the asset manager said.