Rowe Price goes On Facebook, Zynga

Respected mutual fund company T. Rowe Price is – at least to some degree – to believe social media. Expressing filings released by the organization recently invested $ 190,500,000 wonderful voice on Facebook and $ 72 million in Zynga.

That makes for a total of $ 262.5 million ($ 297.9 million or if you are investing $ 35.4 million in the T. Rowe also made the list Angie). Not exactly pocket change from the perspective of the average person, in other words, and in the business world, many companies can buy direct.

Plus, further demonstrating its interest in social media, T. Rowe has invested in Groupon and Twitter before.

The catch bit is that, in terms of all the money T. Rowe manages – something like $ 482 billion – $ 300 million really does not amount to much. And mutual fund companies are not trying to make (or allow) any investor to load Facebook shares.

Mary Pilon, who was one of the first to report the expenses of the association, explained, “This investment. . . is a drop in the bucket for T. Rowe, who told risk management by keeping a small portion of the investment for each fund company. None of the Company’s funds have at least one full percentage related to Facebook, for example. ‘

So make the move (s) what you will. Is it possible to turn them over in the street. At least some investors are sure to follow T. Rowe leads and trying to pass a little money in Facebook, Zynga, or other social media companies, however.