Franklin Templeton eyes liquid alts expansion
The asset manager is set to launch a liquid fund-of-hedge-fund product in Korea. Sources say Singapore is next, with Hong Kong and Taiwan also on the list of target markets.
US fund house Franklin Templeton is about to launch a feeder structure for the institutional share class of a fund-of-hedge-funds (FoHF) product in Korea, continuing its regional push into liquid alternatives.
It’s understood that the same share class for the Franklin K2 Alternative Strategies fund is currently being approved in Singapore, but has not been given the green light in Hong Kong and Taiwan.
Franklin Templeton declined to confirm this or comment on when it expected to…
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