We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Playing not to lose

18 February 2020 By Anna Szymanski

Franklin Templeton is acquiring Legg Mason for $4.5 bln. The deal beats the status quo with heavy pressure on industry margins, and both groups’ stocks got a boost. But it’s a defensive move that neither prioritizes aggressive cost cuts nor offers a clear path to growth.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)