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Price T Rowe Group Inc
- Price Group Inc. filed its quarterly report for the period ending March 31, 2009. - Total revenues for Q1 2009 were $385.7 million, down from $560.4 million in Q1 2008, due to lower investment advisory fees from lower assets under management. - Net income for Q1 2009 was $48.2 million, down from $151.5 million in Q1 2008, as a result of lower revenues and non-operating investment losses of $36 million. - Assets under management totaled $268.8 billion on March 31, 2009, down from $378.9 billion on March 31, 2008, contributing to lower investment advisory fees.
