Cox's cautious value-driven approach

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Templeton managers use approach pioneered by founder 50 years ago, establishing centralised buy-lists

The Templeton investment approach has been unaltered for more than 50 years but has yet to establish itself fully in the UK retail market. Besides Franklin Templeton's emerging markets star Mark Mobius, perhaps the group's best known manager is Ken Cox, who runs a range of European funds, as well as the £86.5m Templeton Growth portfolio. Templeton Growth, a portfolio of global equities, returned 9.8% bid to bid against a Global Growth sector average of 6.4% in the three years to 20 June 2005, according to Standard & Poor's. Style and structure Like all managers at the group, Cox uses t...