Franklin Resources' Western Asset Management Co Announced Michael Buchanan As Its New Chief Investment Officer, Succeeding Co-CIO Ken Leech Who Is On A Leave Of Absence; Buchanan Will Now Lead All Global Investment Management Responsibilities
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Western Asset Management, a subsidiary of Franklin Resources, has appointed Michael Buchanan as the new Chief Investment Officer, succeeding Ken Leech who is on leave. Buchanan will lead all global investment management responsibilities.
August 21, 2024 | 1:13 pm
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Franklin Resources' subsidiary, Western Asset Management, has appointed Michael Buchanan as the new CIO. This leadership change may influence the company's investment strategies and performance.
The appointment of Michael Buchanan as CIO at Western Asset Management, a subsidiary of Franklin Resources, is a significant leadership change. Buchanan's extensive experience and new role may influence the company's investment strategies, but the immediate impact on Franklin Resources' stock price is uncertain.
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