T. Rowe Price Group has reported preliminary assets under management (AUM) of $1.83 trillion for April 2026, despite facing significant net outflows of $10.6 billion. The firm is seeing growth in equity products, but accumulating total net outflows of $56.9 billion for the year raise concerns over its financial health. This comes on the heels of a challenging first quarter where the company recorded $3.2 billion in net outflows and a decrease in AUM to $1.71 trillion, even as it attempted to pivot its strategy by collaborating with Goldman Sachs for new fund products and launching the Innovation Leaders ETF to adapt to changing markets.
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