1 post • Page 1 of 1
The Luxembourg-registered Franklin Templeton Investments, one of the world’s largest asset management groups, has launched a new global sub-fund appealing to investors seeking absolute return strategies under the name ‘Templeton Global Currency’.
The FM London Summit is almost here. Register today!
Using a benchmark unconstrained approach, the new currency fund will aim to take advantage of the “inefficient” nature of global currency markets using instruments offering long/short exposure to currencies of any country, including developed and developing markets. The ongoing fee for the Luxembourg-domiciled fund is expected to be around 1.35 percent.
The fund’s portfolio managers include Michael ... (read more)