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Franklin drops Templeton name from fund range

Franklin drops Templeton name from fund range

Sir John Templeton’s name has been stripped from 15 funds managed by Franklin Templeton.

The affected funds are:

Old Name New Name
Franklin Templeton Global Allocation Fund Franklin Global Allocation Fund
Franklin Templeton Global Equity Strategies Fund Franklin Global Equity Strategies Fund
Franklin Templeton Global Fundamental Strategies Fund Franklin Global Fundamental Strategies Fund
Franklin Templeton Global Growth and Value Fund Franklin Global Growth and Value Fund
Franklin Templeton Japan Fund Franklin Japan Fund
Templeton Euro Government Bond Fund Franklin Euro Government Bond Fund
Templeton Euro High Yield Fund Franklin Euro High Yield Fund
Templeton European Corporate Bond Fund Franklin European Corporate Bond Fund
Templeton Global Aggregate Bond Fund Franklin Global Aggregate Bond Fund
Templeton Global Aggregate Investment Grade Bond Fund Franklin Global Aggregate Investment Grade Bond Fund
Templeton Global High Income Bond Fund Franklin Global High Income Bond Fund
Franklin Templeton Equity Selection Fund Franklin Equity Selection Fund
Franklin Templeton Strategic Balanced Fund Franklin Strategic Balanced Fund
Franklin Templeton Strategic Conservative Fund Franklin Strategic Conservative Fund
Franklin Templeton Strategic Dynamic Fund Franklin Strategic Dynamic Fund

‘This is purely a name change,’ Franklin Templeton stated. ‘Investment philosophies and management strategies have not changed in any way.’

The move is understood to be part of a global branding exercise Franklin Templeton is undertaking.

In total the affected funds account for around £2 billion, with the largest single one being Tony Coffey and Brent Smith’s £925 million Franklin Global Fundamental Strategies fund.

Other prominent managers represented on the list include Franklin Templeton’s bond duo of John Beck and David Zahn.

Franklin originally acquired Sir John Templeton’s (pictured) firm Templeton, Galbraith & Hansberger in 1992.

After these changes, several funds still bear his name, including the Templeton Global Emerging Markets fund managed by Mark Mobius, who joined the group alongside Sir John Templeton.

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