Franklin Templeton has launched a multi-asset fund under portfolio managers Brendan Walsh and Todd Brighton, based out of Edinburgh and California respectively.
The Franklin Global Targeted Strategies fund, which is the firm's first NURS launch for UK investors, can invest flexibly across asset classes, regions, countries, sectors, market capitalisations, credit quality and currencies without constraint. Targeted AR funds haemorrhage assets despite solid returns With the capacity to invest up to 20% of its net assets in illiquid investments, such as property and private credit, the fund will benefit from bottom-up investment ideas across all asset classes from Franklin research teams. It will also take into account macroeconomic views from...
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