MutualFundWire.com: Franklin Eyes Core Assets
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Tuesday, November 16, 2004

Franklin Eyes Core Assets


Undeterred by scandal, Franklin Resources is planning on making a sales and marketing push into management of core growth equity assets and international assets.

Martin Flanagan, co-chief executive officer of Franklin made the comments at a Merrill Lynch conference in New York on Monday, reported CBS.Marketwatch.com.

"We're not fully recognized as a core managerů[o]ne of our main focuses in the next 12 months is to pick up some market share there," Flanagan said, according to CBS.Marketwatch.com.

"There's been enough uncertainty with some of the other core managers that we think we have an opportunity to do that," CBS.Marketwatch.com reported Flanagan as saying.

Abroad, Flanagan said Franklin was growing assets in Germany, Italy, France, Taiwan, South Korea and India.


Printed from: MFWire.com/story.asp?s=8459

Copyright 2004, InvestmentWires, Inc.
All Rights Reserved
Back to Top