Franklin Templeton to acquire O'Shaughnessy Asset Management.

Franklin Templeton, a global investment management organization, agreed to acquire O'Shaughnessy Asset Management, a quantitative asset management firm. Financial terms were not disclosed. “Custom Indexing is aligned with our commitment to bringing sophisticated customization to a broader investment audience, and I’m excited to welcome the OSAM team to Franklin Templeton,” Jenny Johnson, Franklin Templeton President and CEO.