Franklin Templeton launches EM fund for Mobius

Franklin Templeton Investments has launched the Templeton Emerging Markets Balanced fund for Mark Mobius and Michael Hasenstab.

The Luxembourg-domiciled fund will hold both emerging market equity and debt securities, with the portion of its assets allocated to each based on the fund managers' assessment of valuation, risk and opportunity. The fund's management team is led by Mobius, executive chairman of the Templeton emerging markets group, and Hasenstab, who is co-director of the international bond department and a portfolio manager in the firm's fixed income group. The managers will aim to add value through bottom-up analysis of sector, securities and issuers, as well as top-down economic analysis. Mobiu...