T. Rowe Price Group, Inc. (NASDAQ:TROW) Files An 8-K Regulation FD DisclosureItem 7.01. Regulation FD Disclosure.
On July 13, 2017, the company issued a news release disclosing preliminary assets under management at June30, 2017, of $904 billion. The company's release also discloses client transfers from its sponsored mutual funds to other portfolios of $4.2 billion and $7.6 billion for the month- and quarter-ended June 30, 2017, respectively.
The company is and will continue to publicly disclose preliminary month-end assets under management on or about the eighth business day of the month so the investor community has a complete picture of changes in its assets under management, including the impacts of intra-quarter client transfers between sponsored mutual funds and other portfolios. The company posts the news release to its Investor Relations website (trow.client.shareholder.com) and intends for the website to be a channel of distribution for this information in the future.
Section 9 – Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
99.1 Press release dated July 13, 2017.
PRICE T ROWE GROUP INC ExhibitEX-99.1 2 preliminaryaumjune2017re.htm EXHIBIT 99.1 preliminaryaumjune2017re
NEWS RELEASE
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS
UNDER MANAGEMENT
BALTIMORE (July 13,…To view the full exhibit click here
About T. Rowe Price Group, Inc. (NASDAQ:TROW)
T. Rowe Price Group, Inc. is a financial services holding company. The Company provides global investment management services to individual and institutional investors in the sponsored T. Rowe Price mutual funds distributed in the United States and other investment portfolios. It operates through investment advisory business segment. Its assets under management are accumulated from a client base across over four primary distribution channels, including third-party financial intermediaries that distribute its managed investment portfolios in the United States and other countries; individual the United States investors on a direct basis; the United States defined contribution retirement plans, and institutional investors across the globe. It manages assets, including the United States and international stock, blended asset, bond and money market mutual funds, and other investment portfolios. The Company offers advisory services, distribution management and administrative services.