US - T. Rowe Price's assets under management grew by $10bn less in Q1 of 2007 than in Q4 2006, bringing its total to a record $349.9bn, according to the firm's recent report.
Net revenues were up on the last quarter to $508bn, with net incomes of nearly $143bn. Target-date retirement funds were quoted as creating $2.8bn in net inflows and the largest since the fund s...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here