News

Fund launching next week

Potential mandate changes

'Substantial' improvements needed

Group merges UK businesses into single entity

Listed on LSE and Johannesburg Stock Exchange

Joining board of directors

Effective 1 January

Richard Bullas, who co-manages the £193m Franklin UK Smaller Companies fund with Paul Spencer, said performance this year has been driven by companies at the bottom of the small-cap spectrum, but above the micro-cap space.

Follows closure of Asia Property fund in July

Duce and Wood remain at the firm