Stamford-based O’Shaughnessy Asset Management to be acquired by Franklin Templeton
STAMFORD – O’Shaughnessy Asset Management announced this week that it has agreed to be acquired by investment management giant Franklin Templeton, but the company will remain in Stamford after the transaction is completed.
OSAM officials have expressed their belief that the acquisition will drive the growth of their company’s custom indexing platform, Canvas. Canvas has grown significantly since its launch in late 2019 and now includes approximately $ 1.8 billion of OSAM’s roughly $ 6.4 billion in assets under management.
- March 17, 2021