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T. Rowe (TROW) Price Reports $1.80T in AUM for February, Launches Emerging Markets Research ETF
T. Rowe Price Group, Inc. (NASDAQ: TROW) reported that its assets under management for February reached $1.80 trillion, a slight increase from the previous month, despite net outflows of $5.3 billion. The firm also expanded its ETF offerings by launching the T. Rowe Price Emerging Markets Equity Research ETF (TEMR), which began trading on NYSE Arca and aims for long-term capital growth in emerging markets. This new ETF utilizes a structured research approach similar to its other successful equity research funds.