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Franklin Templeton doesn’t plan on making the same mistake in Asia

When Franklin Templeton Investments acquired Legg Mason in the Summer of 2020, making it one of the world’s largest asset managers with a combined AUM of US$1.4 trillion across 20 investment brands, it soon ran into difficulties distributing alternatives in the US via wealth channels. However, Adam Spector, head of global distribution for Franklin Templeton, told Asian Private Banker that…

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