Franklin to buy rival Legg Mason in £1.15 trn tie-up

Fund manager Franklin Templeton is to acquire rival Legg Mason in a deal which will create a global business managing £1.15 trillion in assets.

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Rensburg funds rebranded as Franklin Templeton

Rensburg Fund Management is set to be rebranded under the Franklin Templeton Fund Management name following approval by the Financial Services Authority.

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