MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, April 14, 1999 Canadian Firm Launches Funds with Templeton Investors Group Inc., will offer a new series of global funds, advised by Templeton Management Limited, the Canadian subsidiary of Franklin Templeton. subject to definitive agreements and regulatory approval. "Investors Group is committed to offer the investment styles, fund diversity and leading brand names that meet the names of our clients," said Sandra Metraux, senior vice president of marketing at Investor's Group. "This arrangement enhances Investor Group's global product offerings and provides our clients with a meaningful choice of fund management styles." Investors Group currently offers 41 of its own Masters Select funds, as well as 16 others in partnership with four other companies: Merrill Lynch Asset Management, Rothschild Select, Sceptre Investment Counsel, and Beutel, Goodman and Company, Ltd. "For over 50 years, Templeton has used a disciplined approach to global investing," said Donald Reed, president and ceo of Templeton Management Ltd. "With Investor's Group, we share a similar long-term investment philosophy. Templeton's approach seeks out companies which are trading at a fraction of what our research indicates them to be worth. Templeton's experienced global research team will work to select investments that provide strong long-term results for Investors Group clients." The new series will be the company's first alliance with Templeton and represents the latest move in an ongoing product-shelf expansion, according to a company spokesperson. Investor's Group will be also be adding a Quebec fund and several MAXXUM funds in the upcoming months. Printed from: MFWire.com/story.asp?s=24765 Copyright 1999, InvestmentWires, Inc. All Rights Reserved |