Franklin Templeton outlines Asia retail build-out
The US fund manager aims to enter retail markets in Malaysia and Vietnam, and build onshore businesses in Taiwan and, ultimately, Indonesia.
Franklin Templeton Investments is eyeing Asia-wide expansion to build on a strong 2011, which saw its Asia-Pacific-sourced AUM soar by a fifth to $70.7 billion, and again to $75.8 billion in the first quarter of this year.
This success also brought awards for its overall regional business development, its separate India and Singapore businesses and its Templeton Asian Growth Composite fund.
The US asset manager’s plans include tapping onshore opportunities in Indonesia and Taiwa…
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