T. Rowe Price Associates

T. Rowe Price is an asset management firm focused on delivering global investment management excellence and retirement services that investors can rely on—now, and over the long term. The principle on which Thomas Rowe Price, Jr., founded the firm in 1937—that his company’s success should follow from the success it achieves for its clients—continues to guide us today. We provide an array of commingled funds, subadvisory services, separate account management, retirement recordkeeping, and related services for individuals, advisors, institutions, and/or retirement plan sponsors.

2019 YE — All values in USD billionsDefinitions

Firm Information

AUM, Firm Distribution

Insurance GenAcct 3rd PartyInsurance GenAcct AffilInsurance SepAcctAll Other FirmAUMTotal Firm AUM10.5891,196.211,206.8
T. Rowe Price Associates

www.troweprice.com
100 E Pratt St, Baltimore, MD 21202

Ben Riley, Brian Rapino
Senior Relationship Manager, Insurance
benjamin.riley@troweprice.com
brian.rapino@troweprice.com
410.345.2223
646.327.7050

Service Offerings & Client Profiles

Insurer Services
Investment Accounting OutsourcingNALM PartneringY
Customized Portfolio ReportingYRegulatory AssistanceY
Insurance Client Web PortalYStrategic Asset Allocation AdviceY
Peer AnalyticsYTactical Asset Alloc / Multi-Asset Portfolio MgtY
Capital Modelling & ManagementYInsurance Client ConferencesY
Income & Cash Flow ProjectionsYESG Specific Products Placed with InsurersY

Client Type Count

Life HealthPropertyCasualtyReinsurance(All Lines)Multi-LineOtherTotal ClientCount1410529

Client Relationship Size

<$250mn$250mn – $1bn$1 – $5bn5 – $10bn>$10bn16103

AUM Summary

3rd Party General Account Public Private Total
Fixed Income7.5727.572
Equities3.0173.017
Total10.58910.589
Firm Public Private Total
Fixed Income242.3242.3
Equities964.5964.5
Total1,206.81,206.8
Regions 3P-GA Firm
N America8.6241,139.2
Europe & UK1.4534.788
APAC0.51532.812
Offshore
Other

AUM Details

Public Fixed Income 3P-GA Firm
Cash/Short-Term0.12629.6
Governments & Agencies1.30538
Corporates0.57443.9
Municipals, Tax-Preferenced1.22129.3
Municipals, Taxable
Securitized – RMBS0.4366.8
Securitized – All Other0.43632
Convertibles
High Yield2.60129.9
Bank/Leveraged Loans1.0437.8
CLOs0.262.3
Emerging Markets – Sovereigns0.0520
Emerging Markets – Corporates6
Other
Public Equities 3P-GA Firm
Large Cap0.612564.5
Mid Cap84.5
Small Cap0.09479.5
Global Developed Markets0.453123.4
Emerging Markets0.87736.3
Quant/Smart Beta0.1458.037
Mkt Neutral / Long-Short / Liquid Alts
Dividend-Tilt
Passive SMAs
Other0.83619.5
Private Fixed Income 3P-GA Firm
Private Placements – Traditional
Corporate – Middle Market
RE – CMLs
RE – All Other Debt
Infrastructure Debt
Structured
High Yield
Other
Private Equity, Equity Alts 3P-GA Firm
PE / VC
RE Equity
Infrastructure Equity
Hedge Funds
Other