T. Rowe Price Group

T. Rowe Price has announced the acquisition of F/m Investments, a fixed-income specialist asset manager with around USD 19bn in assets under management as of 31 July 2026. The acquisition is expected to increase T. Rowe Price’s fixed-income AUM by almost 9% and more than double its bond ETF volume. F/m offers 20 ETFs, including on US Treasuries, TIPS, corporate and municipal bonds, as well as the maturity-specific » Altro su de.investing.com

T. Rowe Price is establishing several new units to accelerate its AI strategy, including "Investment AI Solutions" under Vinit Agrawal to develop agent-based AI products across all asset classes. A separate AI strategy and transformation team in Global Distribution led by Sal Dhanani will develop AI applications for client interaction and employee capabilities. In addition, "T. Rowe Price Labs" under Mathieu Lorentz has been integrated as a central innovation hub into the AI Engineering organization, and a firmwide function for AI, model and technology risk has been created, reporting to Prabhakar Bhogaraju under Chief Risk Officer Ted Carter. The firm managed $1.87 trillion in client assets as of July 31, 2026, and emphasizes governance, upskilling and partnerships as core elements of the AI initiative. » Altro su de.investing.com

The board of directors of T. Rowe Price has declared a quarterly dividend of $1.30 per share. The payment date is September 29, 2026; shareholders of record at the close of business on September 15, 2026 are entitled to the dividend. As of July 31, 2026, T. Rowe Price managed $1.9 trillion in client assets. » Altro su de.investing.com