Templeton reaches final close on fourth emerging markets fund
Franklin Templeton has reached a final close of more than $220 million on its latest emerging markets fund. The vehicle, which launched in March 2012 with a target of $300 million, has already made three investments.
Templeton Strategic Emerging Marketing Fund IV (TSEMF IV) is managed by a team within Templeton Asset Management. It seeks to capitalize on the favorable economic growth, strong long-term fundamentals...
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