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Franklin Templeton ties up with Japan’s biggest online broker in wealth push

Franklin Templeton is aiming to strengthen its foothold in Japan’s wealth market by teaming up with the country’s biggest online securities brokerage allowing it to target a growing number of affluent and younger investors. The US asset manager, which has US$1.6 trillion in AUM, has signed a Memorandum of Understanding (MoU) with Japanese financial conglomerate SBI Holdings, according to a…

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