Thursday, 23 October 2014
Last updated 8 min ago
Jan 20 2011 | 2:58am ET
Mutual fund giant Franklin Resource’s top emerging markets manager may make the move into hedge funds.
Mark Mobius, who manages more than 35 Franklin Templeton mutual funds, including its $15.5 billion Asian Growth Fund, told Reuters that he is “considering” the launch of a hedge fund. Mobius did not offer further details.
Singapore-based Mobius is chairman of Franklin’s emerging markets group, which has more than $40 billion in assets under management.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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