Templeton looking to expand in Asia

Franklin Templeton Investments manages around $605 billion in assets, of which around 9% -- or $54 billion -- is sourced from investors in Asia. Most of the assets sourced from Asia, or around 60%, comes from retail investors and high-net-worth individuals while the balance is from institutional investors. The US-based firm has had a presence in Asia for nearly two decades and set up its head office in this region in Singapore through Templeton Asset Management in 1996.Templeton Asset…