Hasenstab heads up new Franklin Templeton global FX fund



U.S. fund manager Franklin Templeton said on Monday it was launching a new global currency fund headed by its star bond investor Michael Hasenstab and one of his chief lieutenants.
Hasenstab, who has made his name buying markets shunned by others, such as Ireland at the height of its debt crisis, said the new fund would take "long" or "short" exposure to currencies of any country, including developed and developing markets.
"While our investment philosophy and approach to managing currencies has remained unchanged over nearly three decades, this new fund enables us... read more

 
10 October 2016 in Business, Views: 60
Source: Reuters
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