Displaying items by tag: franklin templeton
Franklin Templeton Finalizes Custom Indexing Deal
Word had spread weeks ago that Franklin was in a position to acquire O’Shaughnessy Asset Management (OSAM), but that deal has finalized this week. OSAM will be a bolster an already growing separately managed accounts segment which stands at $130 billion AUM already. However, the big headline is the value-based investing and custom indexing that OSAM provides. The custom indexing platform OSAM owns known as Canvas has grown rapidly and doubled its aum in the last year hitting $2 billion.
FINSUM: This is another headliner deal in direct-indexing. What’s most notable is that many of the deals are coming through acquisitions rather than newer ones originating within the firms themselves.
Did the fourth industrial revolution kill mean reversion investing?
Value has outperformed the market tremendously for a portion of this year and value managers must be starting to get a little of that old feeling back...see the full story on our partner's site