Franklin Templeton has rolled out a new global allocation fund, Citywire reports. The FTIF Franklin Templeton Global Allocation fund is a multi-asset portfolio domiciled in Luxembourg with a sterling share class.
The fund, which is also seeking approval for U.K. distribution, plans to maximize total returns by investing in equities and fixed-income securities across regions and sectors. Brent Smith and Samer Habl are portfolio managers of the allocation fund.
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