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Home›ETFs & Funds›Fund Industry›T. Rowe Price to buy $19 billion F/m Investments

T. Rowe Price to buy $19 billion F/m Investments

The acquisition is set to add F/m’s fixed income strategies and ETFs to T. Rowe Price’s fund lineup.

Reported · Written up by our desk · Fund Industry

T. Rowe Price announced it will acquire F/m Investments, a deal valued at $19 billion, according to ETF Trends.

The transaction brings F/m’s fixed income strategies and ETF offerings into T. Rowe Price’s fund stable, strengthening the asset manager’s presence in those areas, the outlet said.

ETF Trends reported that the deal is expected to increase T. Rowe Price’s fixed income capabilities and expand its ETF footprint.

The announcement was made in a press release on Thursday afternoon.

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Sources

ETF TrendsT. Rowe Price Acquires $19 Billion F/m Investments

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