Franklin Templeton merges two fund ranges

Related Content Related Video Related Articles

US global investment management firm Franklin Templeton has announced the consolidation of two of its funds umbrellas into one.

The firm merges all four sub-funds from its Luxembourg-domiciled Sicav Franklin Templeton strategic allocation funds (FTSAF) range into four receiving sub-funds, of which three are newly-created sub-funds, within its Luxembourg-domiciled Sicav Franklin Templeton investment funds (FTIF) range.

The FTSAF range does no longer exist says the company.

The merger, which results from updated regulations under Ucits IV, will enable shareholders to switch funds more easily within the same umbrella to have a wider selection of over 80 funds to choose from.

Some economic benefits are anticipated from reduced fund expenses by avoiding duplication of costs.

Jamie Hammond, managing director, Europe commented:  “This merger will make it easier for our clients to access our full range of multi-asset strategies, which are increasingly popular with investors throughout the region.”

Franklin Templeton has $894bn (€818.6bn) in assets under management as of February 29, 2015.


Pan-European Summit

InvestmentEurope is delighted to announce the Pan-European Fund Selector Summit to be held on 28-30 April in Lausanne at the Beau-Rivage Palace.

Click here for further details:


Adrien Paredes-Vanheule
Adrien Paredes-Vanheule is deputy editor and French-Speaking Europe Correspondent for InvestmentEurope, covering France, Belgium, Geneva and Monaco. Prior to joining InvestmentEurope, he spent almost five years writing for various publications in Monaco, primarily as a criminal and financial court reporter. Before that, he worked for newspapers and radio stations in France, in particular in Lyon.

Read more from Adrien Paredes-Vanheule

Close Window
View the Magazine

I also agree to receive editorial emails from InvestmentEurope
I also agree to receive event communications for InvestmentEurope
I also agree to receive other communications emails from InvestmentEurope
I agree to the terms of service *

You need to fill all required fields!