Templeton opens Vietnam office
The investment research office marks the next stage of parent company Franklin TempletonÆs plans to penetrate Vietnam, after buying a 49% stake in Vietcombank Fund Management in February.
Templeton Asset Management has set-up a representative office in Ho Chi Minh City in Vietnam. The office will focus on emerging markets investment research and will promote financial services initiatives aimed at facilitating the development of the Vietnamese stock market and securities sector. Templeton Asset Management serves as the centre for the US-based Franklin Templeton Investments team of global emerging markets fund managers headed by the globe-trotting Mark Mobius. The fund …
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