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What will the Franklin-Legg Mason merger mean in Asia?

Joe Marsh
The fund industry’s latest mega-takeover has big implications for the two firms and for their clients in Asia. AsianInvestor looks at issues that the deal raises.
What will the Franklin-Legg Mason merger mean in Asia?

Franklin Templeton Investments (FTI) yesterday (February 18) announced its purchase of rival US fund house Legg Mason to create a $1.5 trillion asset management giant, as the investment industry’s consolidation trend continues.

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