The transfer, which got here into impact on 26 July, got here “after cautious evaluation and evaluate”, in accordance with a spokesperson from Franklin Templeton.
They mentioned the authorised company director of Franklin Templeton Funds determined “it was in the perfect curiosity of shareholders” to merge the property of the 2 autos.
Franklin Templeton’s Martin Currie Japan Fairness fund fails worth evaluation with motion wanted throughout different funds
The fund is “equally priced” and “bigger”, and can proceed to supply buyers related publicity to the UK fairness market, the spokesperson mentioned.
The now enlarged …