Thu, Apr 25, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Franklin Templeton creates new unit with QS Investors
Thursday, September 24, 2020

Laxman Pai, Opalesque Asia:

Franklin Templeton will combine recently acquired QS Investors, a Legg Mason subsidiary, with Franklin Templeton Multiasset Solutions (FTMAS) business into a single consolidated unit.

Effective Oct. 1, the combined business, called Franklin Templeton Investment Solutions (FTIS), will consist of about 120 investment professionals overseeing more than $120 billion in multiasset strategies.

FTMAS is Franklin Templeton's multi-asset "hub" that integrates the firm's independently managed fundamental and quantitative research into customized solutions for clients around the globe, said a press release.

QS Investors is known for its innovative quantitative, factor-based equity and asset allocation strategies as well as customized portfolio construction capabilities. QS became one of Franklin Templeton's specialist investment managers through its acquisition of Legg Mason on July 31, 2020.

Ed Perks, the chief investment officer of FTMAS, will lead the newly combined business as president and CIO.

"The combination of FTMAS and QS capabilities will create a sizeable solutions business with scale to compete with the largest full-service providers," said Ed. "In addition to offering an expanded range of outcome-oriented multi-asset and multi-factor equity solutions, we expect to deliver enhanced tools and reporting to our clients stemming from our ongoing strategic investments in fintech and data science."

Adam Petryk, president and ......................

To view our full article Click here
Article link
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1

Click here for More about Opalesque Tracking
- A new, unique Premium Service -
  1. lmr
  2. deshaw
  3. "Wolverine" or "Trexquant" or "Pilgrim Partners" or "AlphaGrep" or "AlphaMine" or "SG Capital" or "Cedar Street"
  4. kedge
  5. "Point 72: OR "CFM" OR "Capital Fund Management" or "Capula" or "Nephila" or "Ellington" or "Woodline" or "Watermark"
  1. mortgage fund
  2. fund manager
  3. social media
  4. separately Managed Accounts
  5. Ospraie