2min chapter

Masters in Business cover image

Jenny Johnson on Managing a Trillion-Dollar Firm

Masters in Business

CHAPTER

Franklin Templeton's History

Franklin acquired Templeton, Galbraith, and Hensberger about 30 years ago. A billion dollar acquisition was nothing back in the early '90s when this took place. "In the asset management business, what are you buying? You're buying people, their investment capability,. So don't destroy value by going in and messing with it"

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