Author: Steefan George, The Coin Republic; Compiled by: Deng Tong, Golden Finance
Franklin Templeton CEO Jenny Johnson held the 27th Milken Conference in California Interviewed by Bloomberg anchor David Westland at the institute’s annual global conference.
In this interview, she shares her views on the evolution of the asset management business from traditional asset management tools to alternative investments such as private equity, real estate, and private credit insurance.
Franklin Templeton grew to $1.6 trillion, with assets under management largely spread across mutual funds and other investment vehicles such as private credit, where returns varied significantly.
Johnson explains how Franklin Templeton has evolved over time from a traditional asset management firm to one with exposure to a variety of investable vehicles to meet changing market needs.
This interview delves into the benefits of private credit and its growth trajectory surrounding changing market dynamics. Johnson also noted that the bank's stringent requirements have supported growth in the private credit market by providing investors with higher returns and longer maturities.
Franklin navigates the complexities of private credit and absolute risk management strategies while taking advantage of emerging opportunities in the lending space.
The importance of blockchain technology in the development of the financial field
Revolving around this issue in the asset management field Evolution, Johnson highlightedthe transformative impact of blockchain technology in fund management and shareholder services.
Franklin Templeton is making headlines for launching an SEC-approved blockchain-based ETF vehicle, suggestingThe system of financial transactions is changing towards transparency, efficiency and trust. She also said that in the future, all ETF and mutual fund instruments will utilize blockchain technology.
Much of the discussion centered around the transformative potential of blockchain beyond fund management. It will improve operational efficiency in the lending space. She highlighted blockchain’s role in the asset tokenization revolution, citing examples such as Rihana’s NFT royalties as evidence of blockchain’s democratizing impact on investment opportunities.
Applications and challenges of blockchain in the financial field
Johnson emphasized the application of blockchain. However, she also addressed concerns about regulatory requirements and investor education in the growing digital asset space.
She acknowledged the regulatory challenges and emphasized the company's commitment to responsible investing and utilizing active management strategies to respond to the changing regulatory environment and mitigate potential risks.
The intersection of artificial intelligence and blockchain
Johnson further discusses Franklin’s strategic partnership with Microsoft Partnership to harness the power of artificial intelligence (AI) to enhance customer engagement and portfolio management. She also highlighted the synergistic integration of blockchain and artificial intelligence, which is expected to provide personalized solutions and optimize operational efficiency in global markets.
Additionally, the discussion touched on the intersection of data privacy and artificial intelligence. She emphasized the company's commitment to protecting proprietary data and preventing unauthorized access. Leverage proprietary data and external resources. The company aims to efficiently train artificial intelligence models to drive innovation and potentially provide clients with tailored investment ideas.
Looking ahead, Johnson outlined Franklin Templeton’s vision for blockchain-driven innovation, envisioning a future where financial products are seamlessly integrated on blockchain platforms.
Blockchain is committed to revolutionizing financial services, and Franklin remains at the forefront of driving innovation and value for investors while shaping the future of finance in a decentralized world.
As the conversation came to a close, she concluded with a vision for a blockchain-driven future that is a testament to Franklin Templeton’s commitment to innovation, transparency and customer focus in a rapidly evolving financial environment. High level of commitment from the centre.