Legg Mason funds ICVC range take on Franklin Templeton name

Franklin Templeton is the new ACD

The name of the UK-domiciled Legg Mason Funds ICVC range have now been changed to Franklin Templeton Funds II following the $4.5bn merger a year ago.

As part of the integration process, the asset manager announced changes related to the Legg Mason Funds ICVC range and its sub-funds, starting with the authorised corporate director (ACD). The ACD changed from Legg Mason Investment Funds Limited to Franklin Templeton Fund Management Limited effective 7 August 2021. As a result the name of the UK-domiciled Legg Mason Funds ICVC range changed to Franklin Templeton Funds II at the same time. The names of the underlying sub-funds also changed to reflect Franklin Templeton as the new ACD. The new names are:   Franklin Templeton launc...