In February, Franklin Templeton announced it would be acquiring Legg Mason and this transaction successfully completed on Friday, 31 July 2020. Legg Mason Australia is now part of Franklin Resources, Inc.
Franklin Resources, Inc., is a global investment management organisation, operating as Franklin Templeton, which is headquartered in California. Franklin Resources, Inc., provides, through its subsidiaries, deep investment expertise across all asset classes - including equity, fixed income, and multi-asset solutions. Franklin Resources, Inc. is listed on the New York Stock Exchange and has employees in over 34 countries.
From large institutions to individual investors, each of our clients wants the same thing. To achieve their financial goals. And for more than 70 years, we’ve helped them do exactly that. Everything we do at Franklin Templeton is focused on delivering our clients better outcomes. And that’s why clients in more than 160 countries have entrusted us with their investments, making us one of the world’s largest asset managers with over USD $1.4 trillion (as at 30 June 2020) in assets under management.
Franklin Templeton provides centralised business and distribution support for all of its Specialist Investment Managers, which includes world- renowned specialist investment managers such as Martin Currie, Western Asset, Brandywine Global and QS Investors. These managers operate independently under their own investment process and each is considered an industry expert in their asset class.