franklin templeton set to launch africa fund
Emerging market specialist Franklin Templeton has been given the green light to launch a new Africa strategy for its high profile fund manager and chief executive Mark Mobius.
Emerging market specialist Franklin Templeton has been given the green light to launch a new Africa strategy for its high profile fund manager and chief executive Mark Mobius.
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Franklin Templeton has launched its first global convertibles Sicav to be run by Alan Muschott.
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Franklin Templeton saw the greatest mutual fund sales in Europe in 2011, with the success of its bond funds pushing its total to 12.6bn, according to Lipper.
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Franklin Templeton Investments has launched an emerging markets balanced fund.
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European fund sales struggle into positive territory as investors withdrew from equity funds.
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Franklin Templeton’s Mark Mobius has again warned of the possibility of another financial crisis.
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Emerging market debt is benefiting greatly from improved investor sentiment and security quality.
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