Franklin Templeton creates new unit with QS Investors

(Opalesque) Franklin Templeton will combine recently acquired QS Investors, a Legg Mason subsidiary, with Franklin Templeton Multiasset Solutions (FTMAS) business into a single consolidated unit. Effective Oct. 1, the combined business, called Franklin Templeton Investment Solutions (FTIS), will consist of about 120 investment professionals overseeing more than $120 billion in multi-asset strategies.

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