{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Alt Goes Mainstream: The Latest on Alternative Investments, WealthTech, & Private Markets","title":"Jenny Johnson, CEO of Franklin Templeton, on how to build and maintain a $1.5T global investment firm across multiple decades","html":"","width":"100%","height":180,"duration":2978,"description":"Today on the Alt Goes Mainstream podcast, we have the third podcast in a special three part series with some of the titans in the alts world.\r\n\r\nWe are partnering with CAIA, the leading global professional body in alternative investment credentialing programs, for a very special episode that dovetails with the release of their latest report on Renewed Professionalism and creating client centered outcomes for the Portfolio of the Future.\r\n\r\nWe are lucky enough to have Jenny Johnson, the CEO of Franklin Templeton, one of the world’s largest asset managers with over $1.5T AUM spread across a number of specialist managers.\r\n\r\nJenny and I had a fascinating conversation about the evolution of the asset management industry, how companies can be considered nation-states, how to distribute alternatives to all investors in a responsible way, which is a particularly interesting perspective given that Franklin Templeton has over 25% of its $1.5T AUM in alternative assets, why net of fees is the most important question in the fee question debate, and why now is a great time to be building in the crypto space (note: this episode was recorded prior to the recent crypto news).\r\n\r\nJenny is the President and CEO of Franklin Templeton. She joined the firm in 1988 and held leadership roles in all major divisions of the business before becoming CEO in February 2020. She led the historic $6.5 billion acquisition of Legg Mason in 2020 and has been named to Barron’s list of the 100 Most Influential Women in US Finance.\r\n\r\nJenny has been instrumental in building Franklin Templeton into a firm that serves clients across asset classes and has over 25% of its $1.5T AUM in alternative assets. Jenny spearheaded Franklin Templeton’s acquisitions in the alts space, including the $1.75B acquisition of secondaries PE firm Lexington Partners and private credit firm Alcentra.\r\n\r\nJenny has managed to bring the past, present, and future together at Franklin Templeton, balancing being the third...","thumbnail_url":"https://img.transistorcdn.com/AFAZ1vkAT92lFJtqt-r0HeFQ55KTdcbJHmgKXaMlAtY/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzE5MDA4LzE2MTQ1/Mzk1MDUtYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}