The Latest

• February 19, 2020

  By Charleston Lim

  Franklin Resources To Acquire Rival Legg Mason In $4.5 Billion Deal

  Franklin Resources has agreed to pay Legg Mason $50 per share, while also assuming its $2 billion debt.

  

  Franklin Resources has agreed to pay Legg Mason $50 per share, while also assuming its $2 billion debt.
• October 04, 2019

  By Ritchelle Ann De Castro

  World’s Largest Money Manager Seeks Help To Strengthen China Foothold

  With the aim of being a major player in China’s $1.8 trillion domestic mutual-fund industry, BlackRock considers Chinese partners.

  

  With the aim of being a major player in China’s $1.8 trillion domestic mutual-fund industry, BlackRock considers Chinese partners.