T Rowe Price has posted results for the first quarter that ended on March 31, 2011. The firm’s net income in the first quarter of 2011 was $194.6 million as compared to $153 million in the first quarter of 2010. It reported net revenues of $682.4 million in the first quarter of 2011 as compared to $556.2 million in the same period of the previous year. T Rowe Price’s net cash inflows in the first quarter totaled $5.8 billion, while its assets under management increased to $509.9 billion.
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