Franklin Templeton, Nomura Asset Management conquer first half
Strategic Insight research shows Franklin Templeton was the biggest gainer of $500 billion of fund flows worldwide, while in Asia the lion’s share went to Japanese asset managers.
The first half of 2010 has seen bigger net flows to asset-management companies worldwide than the first six months of 2009, with net flows to long-term mutual funds -- ie non-money-market products -- topping $500 billion, according to New York-based Strategic Insight.
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