Franklin Templeton Investments – Franklin Templeton Mutual Funds


Franklin Templeton History

Franklin Templeton Investments have become one of the best known and amongst the largest mutual fund managers in the industry.

It was formed in Oct 1992 when Franklin Investments, which was formed in 1947 and given the ticker symbol BEN on the NYSE because of the founders admiration for Benjamin Franklin, merged with (or acquired) Templeton, Galbraith & Hansberger Ltd.

A series of other mergers and acquisitions followed to grow the fund to its current size:

 


Franklin Templeton History

Franklin Templeton Investments have become one of the best known and amongst the largest mutual fund managers in the industry.

It was formed in Oct 1992 when Franklin Investments, which was formed in 1947 and given the ticker symbol BEN on the NYSE because of the founders admiration for Benjamin Franklin, merged with (or acquired) Templeton, Galbraith & Hansberger Ltd.

A series of other mergers and acquisitions followed to grow the fund to its current size:

 

  • Heine Securities Corporation – 1996. The
  • Bissett Funds – 2000
  • Fiduciary Trust Company – 2001

Heine brought in the Mutual Series of funds, while Bissett is a leader in the Canadian market. Both brands remain, with Bissett still being a key set of funds in Canada.

Thanks to all these acquisitions, by 2007 Franklin Templeton was the 7th largest securities company in the US, and ranked number 445 on the Fortune 500.

By 2008 it managed $600 billion in assets worldwide, but the Financial Crisis decimated that number, dropping to the $300-$400 billion range, before picking up to $421 billion in April 2009.

 

Franklin Templeton Mutual Funds

Franklin Templeton manages over 100 open-ended funds and 7 closed-end funds. Funds include:

 

  • Mutual Series, including the Mutual Shares Fund
  • Bissett (Canada)
  • Templeton Growth Fund
  • Mutual Discovery Fund
  • Templeton Growth (Euro Area) Fund
  • Franklin Income Fund
  • Franklin Tax-Free Funds

 

Analysts Ratings of Franklin Templeton

MorningStar likes the rigour of the analyst and management processes that Franklin Templeton have built up over the years.

They rate their municipal-bond funds and the Tax-Free structures that they pioneered, particularly the Federal Tax-Free Income and California Tax-Free Income Funds. They also believe that Franklin Foreign is a good choice for conservatively-managed foreign fund.

However they believe that many of the funds have been allowed to grow too large, which is inhibiting their performance. It singles out Franklin Small-Mid Growth for criticism.

It is also worried that key players have been leaving the company in recent years.

 

Franklin Templeton Office Addresses in the US and Worldwide  


Argentina
Templeton Asset Management Ltd.
Ingeniero Butty 220, 11th Floor
(C1001AFB) Buenos Aires, Argentina
Phone: 54-11-4313-0848
Australia
Franklin Templeton Investments Australia Limited
Level 25
360 Collins Street
Melbourne Victoria 3000
Australia
Phone: 613-9603-1200
Bahamas
Templeton Global Holdings Limited,
Templeton Global Advisors Limited,
& Templeton Capital Advisors Limited
Box N-7759 Lyford Cay
Nassau, Bahamas
Phone: 800-239-3894
Belgium
Franklin Templeton France S.A. – Succursale belge
Avenue de Tervuren, 93
B-1040 Brussels, Belgium
Phone: 00-32-2-743-3200
Brazil
Templeton do Brasil Ltda.
Rua Lauro Muller 116, Office 3504
Botafogo, Rio De Janeiro
Brazil
Phone: 55-21-2543-2413
Canada
Franklin Templeton Investments Corp.
Templeton Heritage Limited
One Financial Place
1 Adelaide Street East, Suite 2101
Toronto, Ontario
Canada M5C 3B8
Phone: 1-800-387-0830
China
Templeton China Research Limited
18 Floor, North Tower
Shanghai Stock Exchange Building
528 Pudong S. Road, Pudong District
Shanghai 200120
P.R. China
Phone: 86-21-68818800
Templeton International, Inc.
A-1108, Corporate Square
No. 35, Jinrong Street, Xicheng District
Beijing, China (100032)
Phone: 86-10-8809-1365
France
Franklin Templeton France S.A.
16-18 Avenue George V
75008 Paris, France
Phone: 33-1-40-73-86-00
Franklin Templeton Asset Management S.A.
Phone: 33-1-40-73-86-30
Germany
Franklin Templeton Investment Services GmbH
Street address:
Mainzer Landstr. 16
D-60325 Frankfurt am Main. Germany
Mailing address:
P.O. Box 11 18 03
D-60053 Frankfurt am Main. Germany
Phone: 4969-272-23-0
Holland (The Netherlands)
Franklin Templeton Investment Management Ltd.
World Trade Center Amsterdam
H-toren, 16e verdieping
Zuidplein 134
1077 XV Amsterdam
Tel: + 31 (0) 20 575 2890
Fax: +31 (0) 20 575 2892
Hong Kong
Franklin Templeton Investments (Asia) Limited
17th Floor, Chater House
8 Connaught Road Central
Hong Kong
Phone: 852-2877-7733
India
Franklin Templeton Asset Management (India) Private Limited
Sakhar Bhavan, 1st Floor
230 Backbay Reclamation
Nariman Point
Mumbai 400-021
India
Phone: 91-22-56325820
Franklin Templeton AMC Limited
Century Centre
75 TTK Road Chennai 600-018
India
Phone: 91-44-2467-9203-05
Franklin Templeton International Services (India) Pvt. Ltd
Quadrants 3 & 4
3rd Floor, Cyber Towers
Hitec City, Madhapur
Hyderbad 500081
Ireland
Franklin Templeton Services Limited
The Sweepstakes Centre
Block C
Ballsbridge
Dublin 4 Ireland
Phone: 353-1-631-9341
Italy
Franklin Templeton Italia S.G.R.p.A.
C.so Italia, n.1
20122 Milano
Italy
Phone: 39-0-2-85459-1
Japan
Franklin Templeton Investments Japan Limited
Kanematsu Building, 6th Floor
14-1, Kyobashi 2-chome
Chuo-ku, Tokyo 104-0031
Japan
Phone: 81-3-3535-1260
Luxembourg
Franklin Templeton Management Luxembourg S.A. &
Franklin Templeton International Services S.A.
Street address:
26 Boulevard Royal
L-2449 Luxembourg
Grand Duchy of Luxembourg
Mailing address:
B.P. 169
L-2011 Luxembourg
Grand Duchy of Luxembourg
Phone: 352-46-66-67-1
Poland
Templeton Research Poland SP.z.o.o.
ILMET Al. Jana Pawla II 15, 10th Floor
00-828 Warsaw, Poland
Phone: 48-22-697-7478
Russia
TAML Moscow Representative Office
Limited Liability Society Templeton
Investments
Tverskaya 16 / 2
Actor Gallery, 5th floor
125009 Moscow Russia
Phone: 7-095-935-8368
Singapore
Templeton Asset Management Ltd.
7 Temasek Boulevard
#38-03 Suntec Tower One
Singapore 038987
Phone: 65-6-338-7177
South Africa
Templeton Asset Management Ltd.
Harrow Court 2
Isle of Houghton
Boundary Road
Parktown, 2193
Johannesburg, South Africa
Phone: 27-11-645-6500
South Korea
Franklin Templeton Investment Trust Management Co., Ltd.
3rd Floor, CCMM Building
12 Youido-Dong, Youngdungpo-Gu
Seoul, South Korea 150-968
Phone: 822-3774-0681
Spain
Franklin Templeton Investment Management, Ltd.
Calle Jose Ortega y Gasset, 29 – 6a planta
28006 Madrid, Spain
Tel: +34 914 263 600
Fax: +34 915 771 857
Sweden
Franklin Templeton Investments
Stureplan 4C
SE 114 35 Stockholm
Sweden
Phone: 46-8-545-01-230
Switzerland
Franklin Templeton Switzerland Ltd.
Bahnhofstrasse 22
CH-8022 Zurich
Switzerland
Phone: 0041 44 217 81 81
Turkey
Templeton Asset Management Ltd.
Tesvikiye Bostani Sokak
Orjin Apt. No. 15 Kat 6
Nisantasi, Istanbul 80200
Turkey
Phone: 90-212-291-5222
United Arab Emirates
Franklin Templeton Investment Management Ltd.
640-B, Al Ghurair City Office Towers
P.O. Box 55311
Dubai, U.A.E.
Phone: 9714-2293747
United Kingdom
Franklin Templeton Investments Management Ltd.
The Adelphi
1 – 11 John Adam Street
London WC2N 6HT
United Kingdom
Phone: 44-20-7208-7000
Franklin Templeton Global Investors Limited
Franklin Templeton Investment Management Limited
5 Morrison Street
Edinburgh
EH3 8BH
Phone: 44-131-242-4000


About EconomyWatch PRO INVESTOR

The core Content Team our economy, industry, investing and personal finance reference articles.