View more on these topics

Franklin Templeton bringing a Bric onshore

Franklin Templeton is setting up an onshore version of Mark Mobius’s offshore Bric fund as part of a wider push into the UK market.

The firm is to offer a further four onshore funds and adding sterling share classes with distributor status for UK investors on 13 of its existing Luxemburg-domiciled portfolios.

The Bric fund launch follows similar moves from Allianz and Swip.

Franklin Templeton is also aiming to set up global real estate, global value, India and Asian bond funds.

Mobius built his reputation as one of the leading emerging markets fund managers and the Bric fund will invest in Brazil, Russia, India and China.

The offshore funds being made available to UK investors include the firm’s Eastern European, China growth, global bond and Latin American funds. The annual management charges range from 1.5 to 2.1 per cent.

Franklin Templeton sales and marketing director Jamie Hammond says: “Due to increasing demand from IFAs, we are pleased to launch 13 new sterling share classes allowing UK investors to utilise their annual capital gains tax exemption. We are seeing great interest in areas such as Bric economies and global Reits and our new funds will enable investors to access these areas.”

Recommended

It’s Collett time…

Thinc Destini’s David Collett is simply the greatest dancer. At the Women’s Financial Adviser Group award ceremony last week, not only was he sporting a fabulous suit in WFG colours, he also wowed fellow guests by carving up the dancefloor. Some would argue that his moves demonstrated more gusto than talent but the Diary is […]

Open season

Our panel say ad spending is rising to build on confidence for Isa sales, plus: the implications of A-Day for fund firms

Polar pair joining Liontrust

Gary West and James Inglis-Jones get equity stakes to run boutique’s European portfolio launching in September

Investment clock economic update

In the latest Investment Clock economic update, Ian Kernohan, Senior Economist at Royal London Asset Management, discusses the implications of the US Federal Reserve’s recent hike in interest rates and upcoming French presidential election. The value of investments and the income from them is not guaranteed and may go down as well as up and […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and thought leadership.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com