T Rowe Price Expects Continued Outflows Through 2024

Asset manager T Rowe Price has warned that outflows from its funds are likely to continue into 2024, as investors remain cautious amid ongoing market volatility. The company's CEO, Bill Stromberg, stated that while the firm has seen some inflows in recent months, the overall trend of outflows is expected to persist. This forecast reflects the broader sentiment in the financial markets, where uncertainty and concerns about economic recovery continue to impact investor behavior.