Franklin Templeton shakes up leadership as it pushes into private assets
The $1.6tn investment firm has hired former BlackRock executive as it doubles down on alternative offerings
The $1.6tn investment firm has hired former BlackRock executive as it doubles down on alternative offerings

Talks with private capital firms have focused on operational hurdles for retail customers

Tie-up marks push to pitch private investments to everyday investors

Asset manager puts UK chairs on notice on remuneration as part of closer scrutiny of boards

Investors question if some institutions rubber-stamp deals that could benefit other businesses

Asset manager drew investors even as performance in private credit and buyout units suffered

Wall Street bank to draw on asset manager’s expertise to oversee $80bn in client assets