Templeton

Franklin Templeton Completes Acquisition of Legg Mason

Friday, July 31, 2020 - 10:00pm

Franklin Resources, Inc. (the Company) [NYSE:BEN], a global investment management organization with subsidiaries operating as Franklin Templeton, today announced that it has completed its previously announced acquisition of Legg Mason, Inc. [NYSE:LM] and its specialist investment managers.

Key Points: 
  • Franklin Resources, Inc. (the Company) [NYSE:BEN], a global investment management organization with subsidiaries operating as Franklin Templeton, today announced that it has completed its previously announced acquisition of Legg Mason, Inc. [NYSE:LM] and its specialist investment managers.
  • Were extremely excited to announce the close of our Legg Mason acquisition, representing the largest and most significant transaction in Franklin Templetons history, said Jenny Johnson, President and CEO of Franklin Templeton.
  • Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton in over 165 countries.
  • Various forward-looking statements in this press release relate to the acquisition by Franklin Templeton of Legg Mason, including regarding expected scale opportunities, operating efficiencies and results, growth opportunities, client benefits, key assumptions, revenue realization, cost and expense synergies, financial and other benefits and returns, integration and its costs.

Franklin Templeton Appoints Jeff Masom to Head of US Distribution

Wednesday, July 29, 2020 - 6:30pm

Franklin Templeton today announced the appointment of Jeff Masom, CFA, as Head of US Distribution, overseeing US retail and institutional distribution, including US marketing and product strategy, reporting to the recently announced Head of Global Distribution, Adam Spector .

Key Points: 
  • Franklin Templeton today announced the appointment of Jeff Masom, CFA, as Head of US Distribution, overseeing US retail and institutional distribution, including US marketing and product strategy, reporting to the recently announced Head of Global Distribution, Adam Spector .
  • The acquisition of Legg Mason will establish Franklin Templeton as one of the worlds largest independent asset managers, both in the US and globally, said Jenny Johnson, President and CEO of Franklin Templeton.
  • Masom most recently served as Global Head of Institutional Distribution with RBC Global Asset Management in Boston since 2018, following his prior role as Senior Managing Director and Head of US Sales for Legg Mason.
  • Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization operating, together with its subsidiaries, as Franklin Templeton.

Franklin Templeton, Gallup Launch Tracking Survey to Monitor Americans' Resumption of Pre-COVID-19 Behaviors

Wednesday, July 22, 2020 - 5:01am

Gallup research has established that economic decision-making is up to 70% emotional and 30% logical.

Key Points: 
  • Gallup research has established that economic decision-making is up to 70% emotional and 30% logical.
  • Key survey topics will include:
    Understanding the different public health-related scenarios in which consumers would resume previous spending levels.
  • "We're excited to be partnering with Gallup on this new research project," said Sonal Desai, CIO, Franklin Templeton Fixed Income.
  • Significant sample sizes will allow Franklin Templeton and Gallup to report results at the national, regional, state and even larger metropolitan area levels.

Franklin Templeton Appoints Jed Plafker as EVP, Global Alliances and New Business Strategies

Wednesday, June 10, 2020 - 4:00pm

Franklin Templeton today announced that Jed Plafker has been named executive vice president of Global Alliances and New Business Strategies.

Key Points: 
  • Franklin Templeton today announced that Jed Plafker has been named executive vice president of Global Alliances and New Business Strategies.
  • Additionally, Franklin Templeton is a founding sponsor of EvoNexus Silicon Valley , a technology startup incubator housed in Franklin Templetons corporate headquarters.
  • Plafker has overseen Franklin Templetons global distribution efforts, including retail and institutional sales, and product strategy, since 2017.
  • Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization operating, together with its subsidiaries, as Franklin Templeton.

Francis Collins Awarded 2020 Templeton Prize

Wednesday, May 20, 2020 - 12:00pm

Collins, 70, was selected as the 2020 Laureate by the Prize judges late last year, but the announcement was delayed due to the coronavirus pandemic.

Key Points: 
  • Collins, 70, was selected as the 2020 Laureate by the Prize judges late last year, but the announcement was delayed due to the coronavirus pandemic.
  • The announcement was made online at www.templetonprize.org today by the Templeton philanthropies: the John Templeton Foundation, based in West Conshohocken, Pennsylvania, and by the Templeton World Charity Foundation and Templeton Religion Trust, based in Nassau, The Bahamas.
  • Francis Collins will formally receive the Templeton Prize in a virtual ceremony later this year.
  • Further biographical information on Dr. Francis Collins, his statement on acceptance of the Prize, a statement by Heather Templeton Dill on the awarding of the Prize, and information on the 49 previous Templeton Prize Laureates, are available at www.templetonprize.org

Mark Templeton Appointed to Health Catalyst Board of Directors

Tuesday, May 12, 2020 - 9:03pm

SALT LAKE CITY, May 12, 2020 (GLOBE NEWSWIRE) -- The board of directors (the Board) of Health Catalyst, Inc. ("Health Catalyst, Nasdaq: HCAT ), a leading provider of data and analytics technology and services to healthcare organizations, named Mark Templeton to its Board and its nominating and corporate governance committee, effective June 15, 2020.

Key Points: 
  • SALT LAKE CITY, May 12, 2020 (GLOBE NEWSWIRE) -- The board of directors (the Board) of Health Catalyst, Inc. ("Health Catalyst, Nasdaq: HCAT ), a leading provider of data and analytics technology and services to healthcare organizations, named Mark Templeton to its Board and its nominating and corporate governance committee, effective June 15, 2020.
  • Mr. Templeton was appointed to fill an upcoming vacancy after Promod Haques current term expires at Health Catalysts 2020 annual meeting of its stockholders on June 12, 2020.
  • We are honored to add Mark Templeton to our Board to enhance Health Catalysts ability to continue to achieve our mission to be the catalyst for massive, measurable, data-informed healthcare improvement, said Dan Burton, CEO of Health Catalyst.
  • I look forward to lending my perspectives and expertise to support the Board and the Health Catalyst team in the journey to grow and scale.

Franklin Templeton Acquires Digital Wealth Leader AdvisorEngine

Wednesday, May 6, 2020 - 1:55pm

AdvisorEngine will work closely with Franklin Templeton to co-create new proprietary solutions, including goals-based financial planning tools, digital portfolio construction analytics and research-enabled practice management services to help financial advisors enhance their wealth management offerings.

Key Points: 
  • AdvisorEngine will work closely with Franklin Templeton to co-create new proprietary solutions, including goals-based financial planning tools, digital portfolio construction analytics and research-enabled practice management services to help financial advisors enhance their wealth management offerings.
  • Im excited to welcome the AdvisorEngine team to Franklin Templeton and look forward to what we will achieve together.
  • Upon meeting Jenny Johnson and the leadership team, it became clear that Franklin Templeton is the right fit, said Rich Cancro, AdvisorEngine founder and CEO.
  • Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization operating, together with its subsidiaries, as Franklin Templeton.

Franklin Templeton Canada Launches Franklin Global Aggregate Bond Fund

Monday, May 4, 2020 - 3:15pm

TORONTO, May 4, 2020 /CNW/ - Franklin Templeton Canada today announced the launch of Franklin Global Aggregate Bond Fund to make it easier for financial advisors and investors to access its popular global investment grade bond ETF in a mutual fund structure.

Key Points: 
  • TORONTO, May 4, 2020 /CNW/ - Franklin Templeton Canada today announced the launch of Franklin Global Aggregate Bond Fund to make it easier for financial advisors and investors to access its popular global investment grade bond ETF in a mutual fund structure.
  • Franklin Global Aggregate Bond Fund invests in Franklin Liberty Global Aggregate Bond ETF (CAD-Hedged), which combines top-down macro views and bottom-up analysis to find the best fixed income investment opportunities in the developed and emerging markets.
  • The Franklin Global Aggregate Bond strategyis co-managed by Franklin Templeton Fixed Income portfolio managers, includingSonal Desai, CIO, EVP and portfolio manager, and John Beck, director of fixed income for London, SVP and portfolio manager, who draw on the expertise of Franklin Templeton Fixed Income's team of over 145 dedicated investment professionals globally.
  • Connect with Franklin Templeton Canada on Twitter , Facebook and LinkedIn , and read the Beyond Bulls & Bears blog featuring perspectives from Franklin Templeton investment professionals around the world.

FarmTogether Selected for Franklin Templeton-backed EvoNexus Fintech Incubator

Wednesday, March 11, 2020 - 5:09pm

FarmTogether , the online marketplace that offers access to institutional quality U.S. farmland investments, today announced that it has been selected for the residency program at EvoNexus, Silicon Valleys leading fintech incubator backed by global asset manager Franklin Templeton.

Key Points: 
  • FarmTogether , the online marketplace that offers access to institutional quality U.S. farmland investments, today announced that it has been selected for the residency program at EvoNexus, Silicon Valleys leading fintech incubator backed by global asset manager Franklin Templeton.
  • The company also announced that Raymond Jacobs, Managing Director at Franklin Real Asset Advisors at Franklin Templeton, has joined FarmTogether as an advisor and mentor.
  • With the ability to tap into Franklin Templeton's expertise in investment and risk management, FarmTogether will be well equipped to offer farmland investment opportunities to its investors.
  • As a leader of real estate and impact investment products at Franklin Templeton, Raymond Jacobs will be an indispensable source of guidance in building investment policies and strategies with FarmTogether, said FarmTogether founder and CEO, Artem Milinchuk.

Franklin Templeton to Acquire Legg Mason, Creating $1.5 Trillion AUM Global Investment Manager

Tuesday, February 18, 2020 - 12:30pm

By preserving the autonomy of each investment organization, the combination of Legg Mason and Franklin Templeton will quickly leverage our collective strengths, while minimizing the risk of disruption.

Key Points: 
  • By preserving the autonomy of each investment organization, the combination of Legg Mason and Franklin Templeton will quickly leverage our collective strengths, while minimizing the risk of disruption.
  • Like us, Franklin Templeton understands the importance of culture, teams and core values to achieving outstanding investment results for clients.
  • With this acquisition, Franklin Templeton will preserve the autonomy of Legg Masons affiliates, ensuring that their investment philosophies, processes and brands remain unchanged.
  • Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization operating, together with its subsidiaries, as Franklin Templeton.