MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, April 23, 2010 T. Rowe Breaks a Record and Triples Profits T. Rowe Price Group's first quarter results contain a milestone for the Baltimore firm: its assets under management have reached a record level of $419 billion, according to its covered in the Wall Street Journal, in which analysts said they expected to see earnings of $0.59 on net revenue of $574 million. The firm also reported record net cash inflows of $10.3 billion in the first quarter of 2010. Of note, $2.4 billion of the net inflows originated in T. Rowe's target-date retirement investment portfolios. Printed from: MFWire.com/story.asp?s=32001 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |