Franklin Templeton Merges Alternative Credit Businesses
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2d ago
0mins
Source: Benzinga
- Brand Integration: Franklin Templeton's Benefit Street Partners and Alcentra have merged under the unified brand Benefit Street Partners, aiming to enhance synergies within their global platform by integrating two experienced firms in alternative credit.
- Market Expansion Plans: BSP plans to achieve both organic and inorganic growth over the next five years, considering acquisitions in new markets such as Asia and the Middle East to meet client demands for new asset classes and geographies, thereby enhancing market competitiveness.
- Investor Confidence: Research by BSP indicates that 93% of global institutional investors plan to maintain or increase their exposure to alternative credit by 2026, reflecting strong interest in higher returns and diversification opportunities, which underscores market confidence in alternative credit.
- Asset Management Scale: BSP currently manages $92 billion in assets, including those acquired from Apera Asset Management, covering various strategies such as private debt, real estate debt, structured credit, and liquid loans, showcasing its robust position in the alternative credit sector.
Analyst Views on BEN
Wall Street analysts forecast BEN stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for BEN is 23.83 USD with a low forecast of 21.00 USD and a high forecast of 31.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
1 Buy
1 Hold
4 Sell
Moderate Sell
Current: 25.500
Low
21.00
Averages
23.83
High
31.00
Current: 25.500
Low
21.00
Averages
23.83
High
31.00
About BEN
Franklin Resources, Inc. is a global investment management company with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Through its specialist investment managers, the Company offers specialization on a global scale, bringing capabilities in equity, fixed income, alternatives and multi-asset solutions. It provides its investment management and related services to retail, institutional and high-net-worth investors in jurisdictions worldwide. Its investment products include its sponsored funds, as well as institutional and high-net-worth separate accounts, retail separately managed account programs, sub-advised products, and other investment vehicles. Its funds include registered funds (including exchange-traded funds) and unregistered funds. It offers its services and products under its various distinct brand names, including, but not limited to, Alcentra, Benefit Street Partners, Brandywine Global Investment Management, Canvas, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
