FGA Pushes Non-U.S. Equity Fund
June 23, 2008
Franklin Global Advisers (FGA) is so proud of the performance record of its institutional non-U.S. equity strategy, which it has been running for years, that the manager decided to start offering the strategy to individual investors. The new fund, called the Franklin International Growth Fund, will apply exactly the same techniques and will mirror the same investment decisions of the institutional strategy, said Par Rostom, co-portfolio manager with Colleen Barbeau of both programs. 'We've got a five-year record of investing in non-U.S. equity for institutions, with $3 billion under management,' he said. 'We thought it made sense to have a similar strategy on the retail side.'
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