CryptoBriefing and Coinfomania both report T. Rowe Price's acquisition of F/m Investments but cite conflicting figures for F/m's assets under management.
What all sources agree on
- T. Rowe Price is acquiring F/M Investments.
- F/M Investments operates in the ETF space.
- The deal is framed as part of a broader trend of consolidation/expansion in the ETF market.
Where the reports disagree
1F/M Investments' assets under management
F/M Investments, an independent asset manager that recently crossed $10 billion in ETF assets under management.
F/m Investments is a notable player in the ETF space with nearly $20 billion in assets under management (a $20 billion issuer).
What would settle it: T. Rowe Price's or F/m Investments' official acquisition announcement or SEC filing disclosing F/m's assets under management.
What to make of it
Treat the existence of the T. Rowe Price–F/m Investments acquisition as established, but do not rely on either cited AUM figure ($10 billion vs. nearly $20 billion) until confirmed by an official company statement or regulatory filing.
Treat the existence of the T. Rowe Price–F/m Investments acquisition as established, but do not rely on either cited AUM figure ($10 billion vs. nearly $20 billion) until confirmed by an official company statement or regulatory filing.