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Masters in Business

Team Favorite: Jenny Johnson on Managing a Trillion-Dollar Firm

Dec 29, 2023
Jenny Johnson, President and CEO of Franklin Templeton, discusses the importance of team performance, the history of acquisitions at Franklin Templeton, the transformative power of AI in business, remote work adaptation, long-termism vs short-termism in asset management, the impact of changing interest rates on running a firm, and recent watchlist and favorite books.
01:04:11

Episode guests

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Quick takeaways

  • Franklin Templeton has a strategic approach to acquisitions, focusing on filling product gaps and strengthening distribution.
  • Franklin Templeton shared insights on investing in global markets, particularly in regions like India and China.

Deep dives

Franklin Templeton's Approach to Acquisitions

Franklin Templeton has a strategic approach to acquisitions, focusing on filling product gaps and strengthening distribution. Recent acquisitions include Leg Mason, which provided scale in fixed income and access to alternative investments through Clarion Partners; Putnam, to build a closer relationship with Power Corp and expand in the retirement channel; and O'Shaughnessy Investments with its direct indexing product called Canvas. Franklin Templeton also sees opportunities in infrastructure and local asset management in regions like Asia and the Middle East.

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