In first quarter 2021, Australia-based RARE Infrastructure will change its name to ClearBridge Investments Ltd.
Asset management will remain the sole focus of the company, with the Australian investment team continuing to focus exclusively on delivering authentic active management to global listed infrastructure investors.
According to RARE Infrastructure’s website, in May 2019, the company announced a merger with global equity manager ClearBridge Investments. Like RARE, ClearBridge is part of Franklin Templeton and operates with investment independence.
The integration has enabled both RARE Infrastructure and ClearBridge Investments to increase their global reach and strengthen their operational capabilities. As of Sept. 30, ClearBridge and RARE collectively manage $158 billion in assets globally.