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What Could Help T. Rowe Price in Q2 2018

What Could Help T. Rowe Price in Q2 2018

Of T. Rowe Price’s (TROW) total assets under management in the first quarter, $579.3 billion comprised equity, $135.8 billion comprised fixed income and money market assets, and $299.1 billion were multi-asset funds. In the first quarter, T. Rowe’s equity and blended US mutual funds generated investment advisory revenue of $705.5 million. In the second half of 2018, lower equity allocation could affect the company’s investment advisory revenue.