Templeton Emerging Markets Fund Delaware News

Franklin Templeton, the Singapore-based investment company, has not been influenced by the recently downgraded view of Turkey by credit rating agencies and is planning to make new investments in the country, said Mark Mobius, the executive chairman of the group's emerging... The first thing you need to do is choose a news reader, if you already ... (more)

Singapore May 2, 2012 - The International Monetary Fund estimated that emerging economies would grow by 5.7% in 2012, four times faster than the 1.4% growth estimated for developed countries.

Franklin Resources Inc., manager of the Franklin and Templeton mutual funds, said first-quarter earnings beat estimates as fees increased on higher assets.

India is faltering as an investment destination because of significant policy mistakes and stock prices there will slide if the nation's credit rating is cut, according to Mark Mobius, one of the world's best-known emerging market investors.

Franklin Templeton is to become the latest fund management group to try its hand at investing in Africa.