Hints and tips:
...US-based Franklin Templeton and emerging markets specialist East Capital each scooped up just above 5 per cent of the Ebebek shares on offer, according to regulatory filings....
...After he retired from Franklin Templeton in 2018, he founded Mobius Capital Partners with Carlos Hardenberg and Greg Konieczny, who also worked with him at Franklin Templeton....
...Franklin Templeton: an old-school stockpicker tries to reinvent itself St James’s Place business model under scrutiny after fee cut Robyn Grew: the ‘force of nature’ named Man Group chief executive 10...
...After big gains earlier this month the yellow metal has been trading close to the $2,200 per troy ounce mark, and even briefly rose as high as $2,222 on Wednesday....
...State Street’s SPDR Gold Shares ETF (GLD), which launched in late 2004, was also relatively quick to hit $10bn, clearing that mark in early 2007....
...Franklin Templeton’s OnChain US Government Money Fund, launched in April 2021, was the first mutual fund to use blockchain technology to process transactions and record ownership of shares....
...Unless there is a sharp turnaround by December, 2023 will mark the eighth year in the past decade that the US share of global market capitalisation has risen....
...“The penny [is] dropping that actually higher for longer means higher for longer,” said Mark Dowding, chief investment officer at RBC BlueBay Fixed Income....
...BlackRock and Franklin Templeton are among the well-known names that have filed applications, raising hopes they can bring vast numbers of US retail investors to crypto....
...The economy created 187,000 new non-farm jobs in August — higher than forecasts of 170,000 but the third consecutive month below the 200,000 mark....
...Franklin Templeton president and chief executive Jenny Johnson also expressed enthusiasm for China’s innovation-focused sectors this week at a conference in Singapore....
...The stunt was to mark the debut 30 years ago of State Street Global Advisors’ S&P 500 Depository Receipt, or SPDR, on January 29 1993....
...Abrdn follows in the footsteps of Franklin Templeton, Axa Investment Managers and Fineco Asset Management, which have all recently entered the European ETF market. Others are poised to follow suit....
...“They’ve sailed through Covid and other crises, which strengthened their case when there were question marks about how these funds would work under certain conditions.”...
...Only one of the four affected ETFs ever crossed the $100mn-asset mark, Morningstar Direct data show....
...Nervous foreigners make little difference to outcomes, agrees BlueBay’s chief investment officer Mark Dowding. Domestic holders will, however, trim JGB holdings....
...“We do not believe this was a fact-based decision,” said Mark McCombe, head of BlackRock in the US. “We see this as the politicisation of pension funds.”...
...The vote, which was backed by 52 per cent of shareholders, marks another victory for climate campaigners against America’s most valuable oil company, a year after an activist hedge fund won three seats on...
...“If you mark it to zero, new people coming in to a fund get a bargain. Anybody leaving the fund is getting zero for something that probably is worth something,” he said....
...Otherwise, Templeton may yet have the last laugh....
...JPMorgan Asset Management and Franklin Templeton also plan to convert products in 2022....
...The move marks the latest example of dealmaking in the asset management industry and will help Schroders take advantage of two of the sector’s biggest trends: greater demand for renewable energy assets and...
...Jenny Johnson, president and chief executive of Franklin Templeton: “alternatives space, high-net-worth expansion, fintech”....
...“We prefer areas that stand to benefit from the global reopening and are less vulnerable to tighter regulation, including energy and greentech, along with consumer durables and services,” said Mark Haefele...
...“This marks the end of looking at financial markets through ESG,” Simpson said on Tuesday at a private capital conference in New York....
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