F/m Investments

F/m Investments is a US-based asset management firm that builds and manages exchange-traded funds, with a particular emphasis on fixed-income and single-bond strategies. The firm is best known for its US Benchmark series of ETFs, which each hold a single US Treasury security maturing in a specific year, giving investors a defined-maturity building block for laddering and duration management. Alongside these, the firm has offered actively managed fixed-income and multi-asset strategies aimed at institutional and advisor-served retail clients. The company positions itself as a specialist, research-driven manager rather than a broad-line fund supermarket, targeting financial advisors, wealth managers and institutional allocators who want precise, transparent exposure. Its products are distributed primarily through US brokerage and advisory channels, and the firm has appeared in industry coverage around the growth of defined-maturity and single-security ETF structures. Ownership and corporate details are not documented in the supplied evidence, and the firm is not known to be publicly listed. This entry should be treated as a short, evidence-limited profile; additional verified detail on founding, headquarters, executives and assets under management should be added when reliable sources are available.

F/m Investments is a US asset manager that grew out of a specialist fixed-income investment approach and expanded into the exchange-traded fund market. Its defining move was the creation of the US Benchmark series, a family of ETFs that each hold a single US Treasury note or bond maturing in a designated year. These defined-maturity products let advisors build Treasury ladders inside a brokerage account and manage interest-rate exposure with unusual precision, a structure that gained attention as single-bond and defined-maturity ETFs became a recognized niche in the US ETF market. Beyond the Treasury ladder suite, the firm has developed actively managed fixed-income strategies and related multi-asset offerings, positioning itself as a boutique manager serving financial advisors, wealth platforms and institutional allocators rather than a mass-market fund provider. Its distribution is concentrated in the United States, through brokerage and advisory channels. Detailed corporate history — founding date, founding team, headquarters location, ownership and assets under management — is not documented in the supplied evidence, and the firm is not publicly listed. The narrative above should therefore be read as an outline of the brand's known market role rather than a complete corporate chronology; further verified milestones should be added as reliable sources become available.

Specialist, research-driven ETF manager focused on precise fixed-income and defined-maturity exposure for advisors and institutions.

• US Benchmark single-Treasury ETF series

  ETFs each holding a single US Treasury security maturing in a specified year, used for building Treasury ladders and managing duration.

• Actively managed fixed-income strategies

  Professionally managed bond portfolios offered to advisors and institutional clients.

• 2026.08.20

  Reported2026.08.21

  T. Rowe Price to acquire F/m Investments[1]普信集团宣布收购F/m Investmentsai-cio.com

  T. Rowe Price Group Inc. announced it will acquire F/m Investments LLC, a fixed-income asset manager and ETF specialist with approximately $19 billion in assets under management as of July 31. The deal is expected to close in early 2027; financial terms were not disclosed. F/m will retain its brand, leadership and operating model and operate as "F/m Investments, a T. Rowe Price Company."

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1. 1普信集团宣布收购F/m Investmentsai-cio.com