MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, April 28, 2003 Closed-End Fund Targets Distressed Debt Franklin Resources is readying a new closed-end fund that will invest in retail distressed debt. The San Mateo based firm recently filed paperwork with the SEC on the fund. David Winters, president, chief executive and chief investment officer of Franklin Mutual Advisers, and Michael Embler will be the fund's portfolio managers. The fund will be sold to individuals with $5 million minimum investment. It will also be offered to institutional investors and registered investment advisers. Printed from: MFWire.com/story.asp?s=5047 Copyright 2003, InvestmentWires, Inc. All Rights Reserved |