Franklin Templeton Investments South Africa entrenched its position as a leader in offshore diversification by continuing its run of success in the international categories of the Raging Bull awards.
The prestigious investment industry awards programme celebrates outstanding fund management performance.
Franklin Templeton won three certificates at this week’s (January 25) gala dinner in Cape Town.
The Franklin Templeton Asian Growth Fund won honours as the top Offshore Far East Equity General Fund while the Franklin European Growth Fund was named the leading Offshore Europe Equity General Fund. In addition, the Franklin US Opportunities Fund was saluted as the top Offshore USA General Equity Fund.
There to receive the awards was Jo-Anne Bailey, Director: Africa, Franklin Templeton Investments.
She noted: “Market movements, continued volatility and persistent pressure on the rand highlighted the important role played by international diversification in the management of a well-balanced investment portfolio.
“Achieving stellar returns is obviously important; so is consistency. Therefore it was particularly pleasing to see our funds have maintained their reputation for solid performance year in, year out.”
Franklin Templeton won honours in three international investment categories in the previous year’s Raging Bull Awards.
The Franklin Templeton Asian Growth Fund is benchmarked against the MSCI All Country Asia (ex-Japan) Index and is managed from Singapore by Mark Mobius.
The Franklin European Growth Fund is benchmarked against the MSCI Europe Index and is managed from London and New York by Michael Clements and Edwin Lugo.
The Franklin US Opportunities Fund is benchmarked against the Russell 3000 Growth Index and is managed from San Mateo by Grant Bowers and Conrad Herrmann.