Franklin Resources will acquire O'Shaughnessy Asset Management, a provider of asset management services for SMA accounts. The company also owns Canvas platform for managing client portfolios using Custom indexes, which accounts for $1.8 billion of the $6.4 billion in assets under management at OSAM. The deal is scheduled to close in Q4 2021. Financial terms were not disclosed.
Franklin Resources will acquire O'Shaughnessy Asset Management, a provider of asset management services for SMA accounts. The company also owns Canvas platform for managing client portfolios using Custom indexes, which accounts for $1.8 billion of the $6.4 billion in assets under management at OSAM. The deal is scheduled to close in Q4 2021. Financial terms were not disclosed. 
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