{
  "id": 2213589,
  "title": "T. Rowe Price to acquire F/m Investments for $19B in AUM",
  "url": "https://urgent.news/2026/08/20/t-rowe-price-to-acquire-f-m-investments-for-19b-in-aum",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-20T20:04:40.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/company-news/t-rowe-price-to-acquire-fm-investments-for-19b-in-aum-93CH-4870375"
  },
  "original_language": "en",
  "account": "Baltimore and Washington - T. Rowe Price Group Inc. announced on July 31, 2026, its plan to acquire F/m Investments LLC, a fixed income asset manager with $19 billion in assets under management. F/m Investments operates ETFs across various fixed income categories, including Treasuries, TIPS, corporate bonds, and municipal securities. The acquisition will increase T. Rowe Price's fixed income assets under management by nearly 9% and double its fixed income ETF holdings at closing. F/m Investments' unique product development capabilities will complement T. Rowe Price's existing fixed income lineup. Upon completion, F/m Investments will continue to operate as a separate entity under the T. Rowe Price umbrella. The deal is set to close in early 2027, pending regulatory approvals and other conditions.",
  "summary": null,
  "key_points": [
    "T. Rowe Price acquires F/m Investments for $19 billion in assets under management.",
    "F/m Investments manages ETFs across Treasuries, TIPS, corporate bonds, and municipal securities.",
    "Acquisition will increase T. Rowe Price's fixed income assets under management by nearly 9%."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}