New York, Wednesdaym, August 14, 2024- Global investment firm Franklin Templeton and Japanese financial conglomerate SBI Holdings announced a strategic partnership on July 26, 2024, to establish a joint venture in Japan. The venture will focus on offering a diverse range of investment products, including ETFs, to Japanese investors.
The partnership aims to leverage Franklin Templeton’s investment expertise, particularly in ETFs and digital assets, with SBI’s strong distribution network in Japan. With over $27 billion in ETF assets under management as of June 30, 2024, Franklin Templeton brings substantial experience to the table.
Both companies expressed optimism about the venture, highlighting the growing interest in alternative investments among Japanese investors. The partnership is seen as a significant step towards broadening investment access for Japanese individuals.
Franklin Templeton is a global investment management firm with a strong track record spanning decades. Known for its diverse range of investment products, including mutual funds and ETFs, the company has a significant presence in the global financial market. With billions in assets under management, Franklin Templeton is a recognized leader in the asset management industry.
SBI Holdings is a prominent Japanese financial services conglomerate with a strong presence in the online financial sector. The company offers a wide range of financial services, including securities, banking, and insurance. With a focus on technology and innovation, SBI Holdings has been a driving force in shaping Japan’s digital financial landscape.
