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Global equity still unfancied: Franklin Templeton

Fixed income and balanced funds remain more popular, but low stock valuations offer tempting opportunities, says the CIO of the firm's global equity group.
Global equity still unfancied: Franklin Templeton
Franklin Templeton’s flagship global and international equity funds remain less popular than its fixed income and balanced products, largely because of concerns over the eurozone crisis. But the US firm's global equities investment head feels that there are great opportunities out there, particularly in Europe, at present depressed valuations. “It will be a long grind to get Europe out of its malaise, and that’s scaring people away from equities,” says Norman Boersma, chief inve…
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