QUICK SPARK: T. Rowe Price to Acquire $19 Billion Fixed-Income Manager F/m Investments
T. Rowe Price will acquire $19B F/m Investments, more than doubling its fixed-income ETF AUM and expanding its bond ETF capabilities.
Read original at benzingaEconomy · News reference
F/m Investments surpassed $10 billion in ETF assets, led by its $7.2 bn TBIL fund, while ultrashort Treasury ETF SGVA topped $100 mn days after launch.
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T. Rowe Price will acquire $19B F/m Investments, more than doubling its fixed-income ETF AUM and expanding its bond ETF capabilities.
Read original at benzingaThe SGVA ETF offers actively managed ultrashort Treasury exposure with no recurring distributions and a tax-efficient compounding strategy.
Read original at benzinga