News > Asset Management

Franklin Templeton looks to acquisitions

By NexChange
Asset Management

Franklin Templeton, which just took a 44% profit hit last quarter, is on an acquisition hunt for alternatives, reports the Financial Times. The company has made a number of acquisitions in the last 10 years, mostly small add-ons to the traditional business. This continued pursuit of alternatives may mean a change to the core of Franklin's business.
Photo: Raúl Hernández González

Subscribe to our Newsletter

Be one of the first to experience the future of financial services