Major US fund house Franklin Templeton has agreed to purchase rival American manager Legg Mason, and most of its affiliated brands, for US$4.5 billion in a bid to diversify its strategies, increase distribution capabilities, and expand its geographical footprint. The landmark deal, slated to close by 3Q20, is expected to bring the firms’ combined AUM to US$1.5 trillion and will…
To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].
In this article
Subscriber Only Content
This article is available on a corporate subscription with Asian Private Banker. Please login or subscribe to view this content.
Need help? Please see our FAQ Guide or email [email protected]
