$TROW

T. Rowe Price (TROW) shares fell 6% after Q2 results showed adjusted EPS of $2.57, beating estimates, but revenue of $1.91B missed forecasts. Franklin Templeton (BEN) has outperformed with a 40.1% YTD gain. Analysts give TROW a 'Moderate Sell' rating with a $107.92 price target, implying 2% upside.

Vestmark supports Vanguard's custom model portfolios. Dynasty closed $200M in private markets funds. CAIS expanded its alts platform with 40 managers. TradePMR integrated Artha for portfolio analysis. T. Rowe Price to acquire F/m Investments for fixed income expansion. Victory Capital to acquire First Eagle Investments for $7B.

T. Rowe Price filed an updated registration for a crypto ETF, potentially including Dogecoin and Shiba Inu. The actively managed fund aims to outperform the FTSE US Listed Crypto Index. Anchorage Digital Bank will serve as custodian, with possible staking and in-kind transactions. Approval would offer investors broad digital asset exposure.

T. Rowe Price reported $1.90T in AUM for August 2026, with $7.9B in net outflows. The firm is acquiring F/m Investments, a fixed income ETF specialist, to expand its fixed income ETF and SMA capabilities, increasing its fixed income AUM by nearly 9%. The deal is expected to close in early 2027, with F/m operating as a subsidiary.

Four companies, Gaming & Leisure Properties (GLPI), T. Rowe Price (TROW), Ares Capital (ARCC), and Xcel Energy (XEL), have upcoming ex-dividend dates. GLPI's ex-date is today, with a $0.82 dividend yield of 7.59%. The others go ex on September 15, 2026, with varying yields and payouts. GLPI reported Q2 2026 AFFO of $1.03 per share, while TROW, ARCC, and XEL provided respective EPS, NII, and EPS data. Investors must buy before ex-dates to receive dividends.

T. Rowe Price (TROW) launched the T. Rowe Price Securitized Income ETF (TSCZ) on Sept. 3, 2026, expanding its ETF lineup to 35 funds. TSCZ focuses on U.S. securitized credit, diversifying fixed-income exposure. TROW's active ETF AUM exceeded $25 billion in June 2026. The company also agreed to acquire F/m Investments LLC, expected to boost fixed-income AUM by 9%. TROW's shares gained 20.5% over the past six months, outperforming the industry.

T. Rowe Price launched the T. Rowe Price Securitized Income ETF (TSCZ), a fixed income ETF trading on NYSE Arca. The fund, managed by Jean-Marc Breaux and Ramon de Castro, invests in U.S. securitized credit sectors with a 0.20% expense ratio. This brings T. Rowe Price's ETF lineup to 35 funds. The company also announced an agreement to acquire F/m Investments LLC, expected to increase its fixed income assets under management by 9%.

T. Rowe Price (TRP) launched an emerging markets discovery equity strategy in Japan via a partnership with Mitsubishi UFJ Morgan Stanley Securities. The strategy targets under-owned, under-researched companies in emerging markets. TRP aims to diversify investment opportunities for Japanese investors, focusing on long-term wealth objectives. Emerging markets represent over 70% of global economic growth, according to Bloomberg.

Global ETF inflows reached $150 billion in August, nearing a record $1.4 trillion year-to-date. T. Rowe Price acquired F/M Investments, adding fixed income capabilities. Victory Capital acquired First Eagle, creating a $571 billion asset manager. VettaFi acquired RAFI Indexing, expanding smart-beta offerings. Northern Trust rebranded FlexShares ETFs under its main brand. Corgi hired Jeff Weniger as CIO, continuing its thematic ETF expansion.

T. Rowe Price (TROW) will acquire F/m Investments, a fixed income asset manager with $19B in AUM. The deal aims to expand T. Rowe Price’s fixed income and ETF offerings, increasing its fixed income AUM by 9%. F/m’s leadership and brand will be retained. The transaction is expected to close in early 2027.