|
Franklin Templeton Investments is pleased to announce the launch of the FTIF - Franklin MENA Fund, a subfund of the Luxembourg-domiciled SICAV Franklin Templeton Investment Funds (FTIF). The fund will invest in securities across the entire market capitalization range in the Middle East and North Africa region (MENA). The fund will strive to invest in stocks capable of outperforming the market through economic cycles. The fund is managed by Franklin, an investment group under Franklin Templeton Investments, with the Dubai-based asset manager Algebra Capital acting as sub-advisor. Franklin Templeton acquired a 25% stake in Algebra Capital in August 2007. Algebra Capital is one of the largest and most experienced local investment managers in the region. Stephen Dover and Purav Jhaveri have...
|