The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Franklin Makes Global Moves Not Rated 3.0 Email Routing List Email & Route  Print Print
Wednesday, February 20, 2008

Franklin Makes Global Moves

Reported by Sean Hanna, Editor in Chief

Franklin Templeton is tapping its local talent as stock pickers for its new Franklin India Growth Fund. The portfolio team for the fund will consist of 11 investment professionals based in Chennai. The team is part of Franklin Asia and includes Indian natives led by Stephen Dover, managing director and international chief investment officer. Purav Jhaveri, vice president and senior investment strategist, is the fund's co-manager.

Also Tuesday, Franklin executives said they have purchased a 49-percent stake in Vietcombank Fund Management, an investment management firm currently focused on private equity investment in Vietnam. San Mateo, California-headquartered Franklin also plans to partner with Vietcombank to make its investment funds available to Vietnamese investors down the road.

“We see great opportunity in Vietnam with rising income levels among Vietnamese investors and a low penetration rate for mutual fund investments,” said Mark Browning, co-CEO of Templeton Asset Management Limited and managing director, Asia for Franklin Templeton International.  

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2024: Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use