Mirae Asset launches an Asia bond fund; Natixis names new head of Asian equities; Franklin Templeton creates multi-asset role; NB appoints Jonathan Bailey as head of ESG; Old Mutual becomes title sponsor of the Hong Kong rugby league; and others…
Tag: Franklin Templeton
VCBF funds see above-market returns
Vietnam’s Vietcombank Fund Management’s (VCBF) two open-ended funds returned more than 15% for the full year 2016, beating the Vietnamese stock market.
Morningstar: No rating changes after Templeton move
The ratings agency explains why the exit of Mark Mobius from several Asia- and emerging markets-focused funds does not warrant a downgrade.
Mobius to stand down as PM on 12 funds
Mark Mobius is to stand down from fund management duties on a range of 12 Luxembourg Sicavs but will remain as executive chairman of Templeton Emerging Markets Group.
Dollar strength bodes well for DM equities
JP Morgan Asset Management and Franklin Templeton believe the US dollar has another 5% upside before calling the end of appreciation, which benefits developed more than emerging markets.
Mobius cites India as EM concern
November’s surprise ban of large currency bills in India is one of the greatest single-country risks in emerging markets, Mark Mobius, executive chairman of the Templeton emerging markets group, told FSA.
Morningstar Asia fund reviews and re-ratings – December
A downgrade for an Aberdeen fund, an upgrade for Templeton and coverage initiated on several others.
Korea’s political turmoil makes managers wary of equities
Political scandals, corporate governance issues and the potential impact of Donald Trump’s trade policies prompt caution on Korean equities.
Templeton’s Mobius: frontier markets growing faster than EMs
Frontier markets are growing at a much faster pace than emerging markets, according to Mark Mobius, executive chairman of the Templeton emerging markets group.
ESG demand grows despite performance doubt
Kelsey Biggers, head of investment risk at Franklin Templeton, said interest in environmental, social and governance (ESG) investing is set to grow despite no hard evidence on how it influences performance.
