Franklin Templeton is stepping up its push into alternative investments, expanding its hedge fund and private markets platform as part of a broader strategy to move beyond traditional asset management and deepen its exposure to non-public and liquid alternatives, according to a report by The Street.
The firm, which oversees roughly $1.68tn in assets, has been steadily scaling its alternatives business, which now totals about $280bn – up from approximately $250bn just over a year earlier. The seg...
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