Despite its roots across the Atlantic, Franklin Templeton is best known in the UK as an emerging markets specialist and, since its acquisition of Rensburg, for its UK equity capabilities.
US markets gained some ground this afternoon ahead of consumer confidence and home sales data, following a sell-off in Europe yesterday.
Shareholders in investment bank Citigroup - which failed a recent stress test - have aired their discontent with the financial giant by voting against giving top executives a larger pay packet.
The US economy risks being in a state of gridlock for the crucial last few weeks of the year, irrespective of who wins the November election, according to a leading independent American political analyst.
US markets opened lower ahead of tomorrow's key jobs data, as the global sell-off gathered pace on negative news from Europe.
Apple shares are set to hit $1,001 within a year, lifted by growth in China, according to a broker note from Topeka Capital Markets.