Five funds and sterling distribution share class added to Franklin's Luxembourg Sicav

Franklin Templeton has launched five funds in its Luxembourg Sicav - three emerging markets products, a global fund and a property portfolio. The Franklin India fund is to invest in equity securities across the entire market capitalisation range in India and employs a bottom-up approach to stock selection, which may include out-of favour stocks. Stephen Dover, chief investment officer and Sukumar Rajah, a fund manager, will manager the fund. Jack Foster will manage the Global Real Estate fund, which will invest in a globally diversified portfolio of Reits and other public property sec...