Franklin Templeton taps BlackRock’s Aladdin for OMS
The investment manager will use BlackRock’s flagship platform to unify its investment management technology platform across asset classes.
The investment manager will use BlackRock’s flagship platform to unify its investment management technology platform across asset classes.
There seems to be no end in sight for the asset management M&A surge as Lansdowne Partners takes over Crux AM, while Franklin Templeton is set to acquire Putnam Investments.
After a turbulent 2022, the outlook for next is year is looking to be another challenging period. Our market experts predict recession, further rate hikes, a new market normal, and some bright spots in the form of ESG and ETF product development.
New York-based digital asset security specialist adds Franklin Templeton to its list of investors after $23 million funding round.
The merged Franklin Templeton and Legg Mason group now has a combined $1.4 trillion in assets under management.
Industry heavyweights Vanguard, BNY Mellon, Franklin Templeton, and State Street completed a pilot to trade FX forwards using DLT.
Upon closure, Franklin Templeton and Legg Mason will establish $1.5 trillion asset management entity.
Jennifer Johnson, chief operating officer at Franklin Templeton, will assume the role of chief executive in February.