Insiders name the 4 asset managers that could be the next takeover targets after Franklin Templeton’s $4.5 billion deal to buy rival Legg Mason

 

Insiders name the 4 asset managers that could be the next takeover targets after Franklin Templeton’s $4.5 billion deal to buy rival Legg Mason

The two managers’ consolidation hints at the pressures these managers are facing amid a wider industry shift to passive from active investing. Given their size, the tie-up also surprised some analysts …

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