Thursday, July 11, 2019

Stock market's big June drives asset growth at T. Rowe Price, Legg Mason

The best June for the stock market in decades led to increases in assets under management for Baltimore’s two biggest money managers. T. Rowe Price Group Inc. reported Thursday it has assets of $1.125 trillion as of June 30, up 5.1% from $1.07 trillion in May. Legg Mason Inc. reported $780.2 billion in assets, a 3% increase from $758 billion in May. Assets at T. Rowe Price (NASDAQ: TROW) are up 16.9% since the turn of the calendar. They are up 7.3% at Legg Mason (NYSE: LM). Both companies benefitted…



from https://www.bizjournals.com/baltimore/news/2019/07/11/stock-markets-big-june-drives-asset-growth-at-t.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/186214632022

No comments:

Post a Comment