Franklin Templeton's announcement it will buy Lexington Partners, a private equity fund manager, for $1.75 billion, comes on the heels of T. Rowe Price's $4.2 billion purchase of Oak Hill Advisors.
Fifty years after the free market for gold was created, the precious metal remains a reliable asset for portfolio protection through periods of high inflation and volatility, according to State Street Global Advisors’ chief gold strategist.
Building relationships with individual investors requires meaningful commitments to client education and transparency.