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In the same year, the company opened its first office outside North America in Taiwan. In 1988, Franklin acquired L.F. Rothschild Fund Management Company. Assets under management for Franklin grew from just over US$2 billion in 1982 to more than US$40 billion in 1989 (the crash of 1987 had little impact on Franklin's income and bond funds).
Putnam Investments is an investment management firm founded in 1937 by George Putnam, who established one of the first balanced mutual funds, The George Putnam Fund of Boston. Headquartered in Boston, Massachusetts, it has offices in London, Tokyo, Frankfurt, Sydney, and Singapore. [2] Putnam is currently a subsidiary of Franklin Templeton ...
AGF Funds, Harmony Funds, Elements Funds, AGFiQ 37,100,000 Franklin Resources Inc. Franklin Templeton Investments Corp. Templeton Funds, Franklin Funds, Franklin Bissett Funds, Franklin Mutual Series Funds, Franklin Quotential Portfolios 25,220,000 Phillips Hager & North Ltd. Phillips Hager & North Ltd. PH&N investment funds 21,000,000 Scotiabank
Money market funds come with very low risk, but there have been instances where funds “broke the buck,” meaning their NAV dropped below $1.00, such as during the 2008 financial crisis.
In 2021, Franklin Templeton Investments acquired Legg Mason for $4.5 billion. [14] As Clarion was a subsidiary under Legg Mason, it has now become a subsidiary under Franklin Templeton Investments. [15] On September 11, 2005, Co-founder Weisz passed away. [16] On May 13, 2014, Co-founder Sullivan retired from the firm. [4]
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This page was last edited on 16 December 2012, at 21:11 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
NASHVILLE, Tenn. (WKRN) — A certified public accountant in Franklin has been charged with wire fraud, money laundering, and tax fraud, according to an unsealed federal indictment. According to ...