Why Western Asset is key to Franklin’s Asia ambitions

Feb 20, 2020

But while Morningstar sees the bond house as the "strength" of Franklin Templeton's takeover of Legg Mason, the merged firm may be vulnerable to competition from index fund managers.

Why Western Asset is key to Franklin’s Asia ambitions

Franklin Templeton Investments (FTI) is hoping its newly unveiled acquisition of rival US fund house Legg Mason helps it to rebound after heavy client redemptions in recent years – and some see bond house Western Asset Management as key to its future in Asia as well as globally.

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