Franklin Templeton and the M&A Surge

The video discusses the surge in deal activity in 2021, with 296 deals, a 50% increase from 2020, marking the highest since 2001. Notable deals include Franklin Templeton's acquisition of Lexington Partners. In 2022, the pace quickened with 109 deals by mid-May, including UBS's purchase of Wealthfront and Alliance Bernstein's acquisition of Carval. However, PwC notes a slowdown in the second quarter. Jenny Johnson of Franklin Templeton plans to continue growth through acquisitions in infrastructure and wealth management.

What does PwC note about deal momentum in the second quarter?

What are the two areas in which Franklin Templeton aims to accelerate growth?