Franklin Templeton, a USD1.5tr global investment manager, is eyeing expansion in Thailand as part of its strategy to enhance its presence in Asia. The firm, led by Asia-Pacific head Tariq Ahmad, is set to distribute fund products in Thailand, with no fixed timeline yet. This move aligns with their focus on alternative investments, like private credit and real estate, targeting Asian high-net-worth individuals. With over 200 staff across Asia, including China, Franklin Templeton is responding to the growing interest in offshore assets among regional investors. Additionally, the firm remains optimistic about China’s market potential and is exploring further acquisitions following the purchase of Putnam Investments. In Japan, Franklin Templeton aims to tap into the burgeoning institutional market with offshore products, aligning with the country’s financial industry growth initiatives.
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