UK/ LUXEMBOURG - Franklin Templeton's Templeton Growth (Euro) fund is now worth over EUR1bn (£639m), less than two years after its launch.
The fund is now the third Luxembourg-based mutual fund to exceed EUR1bn in size.
Initially, the fund was aimed at German investors but it now has an investor base consisting of UK institutions and a mix of retail and institutional investors across other European nations.
Here are key takeaways from our 2019 Asset Allocation Outlook on how we are positioning asset allocation portfolios in light of our outlook for the global economy and markets.
This week's top stories included a Freedom of Information request revealing more than 100,000 savers could face six-figure tax bills as a result of GMP equalisation.
The Pearson Pension Plan has entered into a £500m pensioner buy-in with Legal & General (L&G) in the insurer's first deal of 2019.