Templeton Emerging Markets - Under Review

FUND RESEARCH UPDATE: Rating moved to Under Review

Jeremy Beckwith 14 July, 2015 | 1:37PM
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Following the announcement from the board of changes in the management team to take effect from 1 October 2015, Morningstar has placed the Templeton Emerging Markets Investment Trust (TEM) Under Review. After more than 25 years as lead manager, Dr Mark Mobius will step down, though will remain as a portfolio manager on the open-ended fund. Carlos Hardenberg, a senior member of Templeton Emerging Markets Group will relocate from Turkey to London to take over as lead manager of the trust. Mornings

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Templeton Emerging Mkts Invmt Tr TEMIT175.62 GBP-1.11Rating

About Author

Jeremy Beckwith  is Director of Manager Research for Morningstar UK