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Rating:Fundster Makes Fortune's '40 Under 40' Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, October 24, 2011

Fundster Makes Fortune's '40 Under 40'

News summary by MFWire's editors

Fortune magazine last week came out with its annual "40 Under 40" list, and the roster includes one name from the mutual fund industry. Franklin Templeton [see profile] portfolio manager Michael Hasenstab, who runs the Templeton Global Bond Fund, landed on No. 15.

The mag noted that the fund is "one of the largest bond and currency portfolios in the mutual fund world," and since taking the helm at the fund 10 years ago, Hasenstab, now 38, has "turned the fund into a $60 billion powerhouse with double-digit annual gains while making huge contrarian bets."

Hasenstab started at Franklin in July 1995 and rejoined the firm in April 2001 after completing his Ph.D.

Click here to see Fortune's profile of Hasenstab and here to view the complete "40 Under 40" list. 

Edited by: Armie Margaret Lee


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