Franklin Templeton Investments' offshore fund range, Franklin Templeton Investments Funds (FTIF) Lux...
Franklin Templeton Investments' offshore fund range, Franklin Templeton Investments Funds (FTIF) Luxembourg-domiciled SICAV has recorded substantial new sales growth during 2003 to date. As at the end of April 2003, assets under management have grown by 40% compared to end of April 2002, and over 125% since end of April 2001. As of 22 May 2003, the total assets under management of the FTIF Luxembourg-domiciled Sicav had increased to over US$12bn from US$10bn at the beginning of the year.
Slow progress in improving diversity
Share purchase deal with assets of £28m
Came into effect in January
Three examples of compensation rule issues
Buying in baskets