Franklin Templeton has launched its first multi-manager alternatives fund for European investors following its acquisition of K2 Advisors in 2012.
High Yield opportunities
Franklin Templeton is to rebrand Colin Morton's UK Blue Chip fund as the Franklin UK Rising Dividends fund in a bid to make it more attractive to those seeking a growing income stream.
Franklin Templeton's Dylan Ball has predicted an equity market rotation to value stocks can continue for another six years at least.
There have been "stark changes" to investor behaviour recently, but beware over-confidence in the UK economy as tailwinds could soon turn to headwinds, warns Franklin Templeton's Colin Morton.
European equity fund manager Michael Clements and a member of his team are to leave Franklin Templeton.