What does Franklin Templeton company do?
The firm has specialized expertise across a full range of asset classes. Like other large investment companies, the firm offers a wide variety of funds but is traditionally best known for bond funds under the Franklin brand, international funds under the Templeton brand, and value funds under the Mutual Series brand.
Is Franklin Templeton a good company?
Great place to work with exceptionally talented people Franklin Templeton is a great place to work for. They have great benefits and work life balance. They are very active in the surrounding communities worldwide. They have a rich and diverse workforce.
What is the Franklin Templeton issue?
More than a year after Franklin Templeton Asset Management Company abruptly shut down six credit risk schemes involving Rs 26,000 crore, the Securities and Exchange Board of India (Sebi) has found major lapses and a breach of the regulator’s mutual fund guidelines, and come down heavily on the fund house.
Who owns Franklin Resources Inc?
Top 10 Owners of Franklin Resources Inc
| Stockholder | Stake | Shares bought / sold |
|---|---|---|
| The Vanguard Group, Inc. | 6.23% | +331,239 |
| SSgA Funds Management, Inc. | 5.29% | -145,971 |
| BlackRock Fund Advisors | 3.76% | +260,066 |
| Capital Research & Management Co…. | 1.57% | -200,975 |
When was Templeton founded?
1947, New York, NY
Franklin Templeton Investments/Founded
Does Franklin Templeton have index funds?
Franklin S&P 500 Index Fund.
What happened to Franklin Templeton debt fund crisis?
The six debt schemes of Franklin Templeton Mutual Fund with assets of around ₹26,000 crore were frozen on 23 April, 2020 after they faced unprecedented redemptions. As a result, the fund house decided to freeze the debt schemes and eventually wind them up.
Will investors get money back in Franklin?
Investors with know-your-customer (KYC)-compliant accounts will receive the money through online transfers or through cheques and demand drafts if an investor is not registered for online payment. “I expect Franklin debt investors will get most of their money back, possibly barring just a few high-yield papers.
What companies does Franklin Templeton own?
Specialist Investment Managers
- Benefit Street Partners.
- Brandywine Global.
- Clarion Partners.
- ClearBridge.
- Franklin Equity Group.
- Franklin Local Asset Management.
- Franklin Mutual Series.
- Franklin Real Asset Advisors®
Who are the competitors of Franklin Templeton?
Top Competitors of Franklin Templeton
- AllianceBernstein. 3,846. $3 Billion.
- Barings. 1,900. $979 Million.
- Aberdeen Standard Investments. 6,000. $1 Billion.
- Federated Hermes. 1,866. $1 Billion.
- MFS. 1,900. $979 Million.
- Nuveen. 2,989. $24 Million.
- Capital Group. 7,000. $7 Billion.
- DWS Group GmbH & Co KGaA. 3,400. $721 Million.
What kind of fund is Franklin Templeton?
multi-sector income fund
The fund is a multi-sector income fund that invests primarily in U.S. and foreign debt securities.
How good is Franklin Templeton Mutual fund?
82552.87 crore. The company has 40+ mutual funds schemes, including the best Franklin Templeton debt mutual funds….Top 10 Franklin Templeton Mutual Funds.
| Fund Name | Franklin India Smaller Companies Direct Fund |
|---|---|
| Category | Equity |
| Risk | Very High |
| 1Y Returns | 71.2% |
| Rating | 2 |
Who is the holding company for Franklin Templeton?
Franklin Resources Inc. is an American multinational holding company that, together with its subsidiaries, is referred to as Franklin Templeton; it is a global investment firm founded in New York City in 1947 as Franklin Distributors, Inc.
When did Franklin Templeton open an office in Taiwan?
Starting in 1980, the company’s total assets under management doubled (or nearly doubled) every year for the next six years. The company’s stock began trading on the New York Stock Exchange in 1986. In the same year, the company opened its first office outside North America in Taiwan.
When did Franklin Templeton invest its first billion dollars?
In 1979, Franklin Money Fund began a growth surge that made it Franklin’s first billion-dollar fund and launched the company’s significant asset growth in the 1980s. Starting in 1980, the company’s total assets under management doubled (or nearly doubled) every year for the next six years.
When was the Fiduciary Trust Company acquired by Franklin Templeton?
The Fiduciary Trust Company was acquired by Franklin Templeton in April 2001. Fiduciary Trust Company International, a member of the Franklin family, maintained an office of over 650 employees in Two World Trade Center at the time of the September 11 attacks in 2001.