Franklin Templeton rolls out new multi-manager fund

Added 7th November 2016

Franklin Templeton Investments has announced the ‘soft launch’ of the FTIF Franklin K2 Global Macro Opportunities Fund.

Franklin Templeton rolls out new multi-manager fund

This new multi-manager fund seeks to achieve returns over a full cycle by allocating its net assets across ‘global macro oriented alternative strategies.’  These will selected by the investment management team, consisting of Brooks Ritchey (pictured) and Rob Christian, both senior managing directors at K2 Advisors, as well as Anthony Zanolla, senior vice president.

The fund has ‘a highly flexible mandate’ and focuses on capturing macro-economic opportunities through long and short positions across a wide range of asset classes globally, including equities, bonds, interest rates, currencies, and commodities indices. 

The fund’s initial set of sub-advisors includes Aspect Capital Limited, Emso Asset Management Limited and Graham Capital Management. Both discretionary and systematic, or computer-based, funds will be incorporated.

The new offering is a sub-fund of the Luxembourg-registered Franklin Templeton Investment Funds (FTIF) SICAV range. It will be publicly launched in Luxembourg on 25th November 2016 and and then registered with the FCA in the UK. The fee on the 'W share class' is 205bps.

Ritchey said:“The Franklin K2 Global Macro Opportunities Fund is designed to help investors navigate their portfolios during periods of market volatility and investor uncertainty. Historically, global macro hedge strategies have shown diversification benefits in times of significant market stress.”

“Additionally, the multi-manager approach aims to provide an additional layer of diversification by offering exposure to different types of macro hedge strategies through a single portfolio, while offering daily liquidity and no performance fee” added Christian. “Further, we have chosen sub-advisors that cover systematic and discretionary strategies4, which have historically behaved differently to one another over specific market periods.”

Sponsors

Overseas earners will be key amidst 2017 inflation

Sponsored by Neptune

Overseas earners will be key amidst 2017 inflation...

A by-product of sterling weakness is inflation, and we expect this to continue to gather steam over the coming months, with energy and food prices the hardest hit....

Kames Income Hub

home_research_centre

Vincent McEntegart, manager of the Kames Diversified Monthly Income Fund, explains how he aims to deliver a stable and sustainable income of 5% p.a.*, paid monthly, by investing in a range of asset classes

Square Mile Research

AXA Distribution Fund
AXA Distribution Fund

Talking Factsheets is a video service for users...

Visitor's Comments Add your comment

Add Your Comment

We won't publish your address

About Author

Alex Sebastian

News editor

Alex joined Portfolio Adviser in April 2014 and has been a financial journalist since 2008. He has previously held editorial positions at the Financial Times Group and Euromoney Institutional Investor. Alex is NCTJ qualified and has a degree in economics from the University of Sussex.

Profiles

Viewpoint

Investment Strategy

Feature

Tweets

Events

PA SRI 2017
PA SRI 2017

Tuesday 21st February
Radisson Blu Edwardian Bloomsbury Street Hotel, London

PA Japan 2017
PA Japan 2017

Wednesday 8th March
Furniture Makers' Hall, London

PA Dublin 2017
PA Dublin 2017

Tuesday 14th March
Westbury Hotel, Dublin

PA Asia 2017
PA Asia 2017

Wednesday 22nd March
Furniture Makers' Hall 

Sponsored Content

Investment Strategy

OTHER STORIES FROM LAST WORD...