Franklin Templeton has selected Ascensus, a large independent record-keeper and third-party administrator, to host its managed account services offering. Ascensus said it began expanding its managed account services in September 2020. “As the appetite for saver personalization continues to grow, ...

Franklin Templeton has appointed Anne Simpson as its global head of sustainability. In the new position at the San Mateo, California-based asset manager, Simpson will be in charge of the asset management firm’s overall strategic direction on stewardship, sustainability and ...

Capital Integration Systems, a technology platform that gives independent wealth managers access to alternative investments, announced Tuesday a $225 million funding round that values the company at more than $1 billion.  The company, better known as CAIS, will use the ...

Franklin Templeton is transforming two of its mutual funds into exchange-traded vehicles as the conversion trend gathers speed. The $1.4 trillion asset manager expects to complete the process of flipping two mutual funds with roughly $250 million of assets into ...

The October edition kicks off with the big news that Franklin Templeton is acquiring O’Shaughnessy Asset Management and its Canvas direct indexing platform, as yet another traditional asset manager makes a bet that the future will be increasingly driven by ...

Franklin Resources Inc. will purchase O’Shaughnessy Asset Management, making it the latest money manager to strike a deal for a customized index business.  With the acquisition, Franklin Templeton, as the asset manager is known, will add O’Shaughnessy’s $6.4 billion in ...

Franklin Templeton has been partnering up with several firms on its Goals Optimization Engine, an indication that the company sees much more potential in adviser managed accounts and model portfolios. Earlier this month, the San Mateo, California-based company announced that ...

Wells Fargo Asset Management, which is being acquired by two private equity firms, is getting a new name and a new chief executive. The $604 billion asset management arm of Wells Fargo & Co., which is being acquired for $2.1 ...