360 ONE WAM Limited
Franklin Templeton Mutual Fund increased its stake in 360 ONE WAM Limited from 1.13% to 2.21%, acquiring an additional 4,407,546 shares. The value of this transaction was approximately ₹505.90 crore at a share price of ₹1147.80.
A leading private wealth management firm in India, 360 ONE provides comprehensive financial advisory, portfolio management, and distribution services to high-net-worth individuals and institutional investors across multiple asset classes. The company offers tailored wealth solutions through experienced advisors and has established itself as a trusted partner for complex financial planning and investment management needs of affluent clients.
Indian arm of Franklin Templeton Investments, a global AMC with over USD 1.5 trillion in assets worldwide. Manages over Rs 1.2 lakh crore in India. Navigated a significant setback when six debt schemes were wound up in April 2020 due to illiquid credit exposure, with full investor capital recovered by 2022. Equity franchise led by CIO Anand Radhakrishnan has maintained consistent performance through the volatility.