Franklin Templeton's Michael Hasenstab says his bond-market peers aren't prepared for higher U.S. interest rates.
The billionaire who built Franklin Templeton survived a lawsuit by the son of an early investor who said he was cheated out of a stake in the firm worth $136 million. But the company will still have to defend itself in court.
Templeton's Mobius Foresees Rapid Recovery of Brazilian Economy
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Franklin Templeton Investments announced a new tool for advisors to create hypothetical portfolio presentations for their clients.
Pricing, notably, was more likely to lose an advisor's bid for a DC plan sponsor's business than win it, according to Franklin Templeton's white paper, “Insights on Closing the Sale.”
Put simply, we focus on countries that we deem to be fundamentally strong but, for one reason or another, are out of favor with investors.
A diverse and functional family of funds.
Investors exit as the manager sticks to his guns.
The asset management firm joins the likes of American Century Investments and New York Life, which were also sued by employees for using proprietary funds in their 401(k) plans.