Franklin Templeton Investments has launched a global currency fund for Templeton Global Macro Group's Michael Hasenstab and Sonal Desai.
The Templeton Global Currency fund is a sub-fund of the Luxembourg-registered Franklin Templeton Investment Funds range. It will use a benchmark unconstrained approach to maximise returns by investing predominately in securities and instruments offering long or short exposure to currencies of any country, including developed and developing markets. Franklin Templeton reduces AMC on three UK equity funds The fund will be managed by California-based Michael Hasenstab (pictured), executive vice president and chief investment officer of the $130bn Templeton Global Macro Group, and Sona...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
