BEN: Franklin Templeton Unveils New Program for Asset Managers
Franklin Templeton (BEN) has launched a new Preferred Partner Program for its Canvas platform, allowing third-party asset managers like MFS, Federated Hermes, and T. Rowe Price to offer tax-efficient investment strategies. This move aims to enhance client offerings and optimize after-tax returns, reflecting a growing industry trend towards tax-conscious investing. Despite a premium P/E ratio of 25.33x and a moderate financial strength score, the company boasts a strong GF Score™ of 78/100 and recent insider buying, indicating confidence in its future performance.
https://www.gurufocus.com/news/8920603/ben-franklin-templeton-unveils-new-program-for-asset-managers