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
ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test.
Quarterly Wealth Data analysis has uncovered positive improvements in financial adviser numbers compared with losses in the prior corresponding period.
Holding portfolios that are too complex or personalised can be a detractor for acquirers of financial advice firms as they require too much effort to maintain post-acquisition.
As the financial advice profession continues to wait on further DBFO legislation, industry commentators have encouraged advisers to act now in driving practice efficiency.
