T. Rowe Price Group announced preliminary assets under management (AUM) of $1.83 trillion for April 2026, marking a 6.7% rise from the previous month, even as the firm faced net outflows of $10.6 billion. The company highlighted strong growth in equity products, totaling $882 billion, an increase of 8.9% from March. Nonetheless, ongoing outflows from legacy products have raised concerns, contributing to a total of $56.9 billion in net outflows for the year. In the context of financial performance, T. Rowe Price reported Q1 revenues of $1.86 billion, a 4.8% year-on-year increase, while lagging slightly behind analyst expectations.