Franklin launches global equity strategy
Australian clients were increasingly demanding value for money from their active managers, according to Franklin Templeton Investments managing director Maria Wilton.
“This is reflected in a number of market trends including the focus on risk adjusted excess returns and demand for absolute return and high conviction strategies,” she said.
Franklin Templeton Investments Australia has just announced the launch of its Global Equity ex-Australia strategy for institutional investors in Australia, which will be offered to segregated accounts.
“We believe the Franklin Global Equity strategy fulfils this demand for high conviction strategies by offering Australian institutions a concentrated growth strategy with a proven track record.
“Compelling growth investment opportunities exist in many markets around the world. Our approach to these opportunities incorporates in depth, bottom up research and a longer term perspective,” said Franklin Templeton director of non-US portfolio management Coleen Barleau.
“We look for growth orientated companies with sustainable models and strong free cash flow characteristics globally, regardless of geography or industry.”
Recommended for you
Sequoia Financial Group has announced it is selling off its Informed Investor subsidiary which it acquired in April 2022.
Wealth Data has examined which advice business model has seen the most growth since the start of the year including those that offer holistic advice.
Research conducted by Elixir Consulting and Lonsec has quantified the efficiency gains of using managed accounts in financial advice practices in hours per week saved.
With only one-quarter of advice practices actively seeking feedback from clients, the Financial Advice Association Australia has emphasised why this is a critical tool for client retention.