T. Rowe Price to acquire fixed income fund manager F/m Investments, which manages $19bn in assets
T. Rowe Price Group has reached a deal to acquire F/m Investments, a fixed income manager and ETF specialist, for an undisclosed sum. As of July 31, 2026, F/m Investments oversaw $19 billion in assets. The acquisition is expected to increase T. Rowe Price's fixed income assets under management by nearly 9% and more than double its fixed income ETF assets under management. The transaction is anticipated to complete in early 2027.
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