Page 5 - Franklin Templeton

Franklin Templeton gets investors' nod for winding up six schemes

The fund house could take second vote for appointing a liquidator

Franklin Templeton MF's 6 shut schemes generate Rs 13,789 cr since closure

Franklin Templeton Mutual Fund on Sunday said its six shut schemes have received Rs 13,789 crore from maturities, pre-payments and coupon payments since closing down in April

Top investor association objects to Franklin's voting process on six funds

Seeks proportional representation of unitholders in letter to regulator

Franklin Templeton's shut funds receive Rs 13,120 crore so far

Franklin Templeton's six shut schemes have received Rs 13,120 crore from maturities, pre-payments, and coupons since their closure in April

Franklin Templeton case: HC sows seeds of democracy in governance of MFs

The court has given impetus to the principle that the domain of the trustees to unilaterally decide on winding up without declared confirmation by majority investors is non-negotiable

Franklin Templeton: Former CEC appointed as observer for e-voting process

He served as 13th Chief Election Commissioner of India and his main assignment as CEC was to oversee the 2004 elections to the Lok Sabha

Franklin Templeton: CFMA moves SC, says no apparent steps taken by Sebi

Chennai Financial Markets and Accountability has filed an application in the SC alleging that despite the apex court's Dec 9 order, no apparent steps have been taken by the SEBI to appoint an observer

Consider well-diversified credit risk funds with limited exposure

Investors should observe a few precautions, despite the likely higher returns

Investors want paper ballots in Franklin MF voting, overseen by ex-CECs

Investor association seeks changes in Franklin Templeton voting process

What will a 'Yes' or 'No' vote mean for Franklin Templeton investors

If investors in the six Franklin Templeton schemes vote for reopening, they may have to take large haircuts

Franklin Templeton: SC asks Sebi to appoint observer for e-voting process

The apex court said that its December 3 order, in which it had said that for the time being, there will be stay of redemption payment to the unit holders, would continue in the meantime.

Investors may lose money if wind-up spurned, says Franklin Templeton

E-voting to shut debt schemes on Dec 26-28

Franklin warns investors may lose for voting against $4 bn wind up plan

Electronic voting will take place Dec. 26 to 28 on the asset manager's plan, according to a statement from the company Monday

Franklin Templeton urges investors to vote for winding up of 6 schemes

The Supreme Court had directed Franklin Templeton Mutual Fund to seek consent of the unit-holders for winding up six debt schemes.

SC allows Franklin Templeton to seek investors' nod for winding up schemes

Top court slams Sebi for staying on sidelines when unitholders began redeeming their investments; redemptions to remain suspended till further notification

SC to Franklin Templeton: Get investors' consent for winding up schemes

Franklin Templeton MF closed six debt mutual fund schemes on April 23, citing redemption pressure and lack of liquidity in the bond market.

Templeton moves SC against HC order on investor nod for scheme closure

Karnataka HC had said investors can receive money from cash-rich schemes if trustees' decision to wind up the schemes is held valid, but stayed its judgment for six weeks

Franklin Templeton Mutual Fund moves SC on winding up six schemes

The fund house closed six debt mutual fund schemes in April, citing redemption pressure and lack of liquidity in the bond market

Franklin Templeton MF's six shut schemes get Rs 941 cr in fortnight

This amount includes Rs 814 crore received as pre-payments and takes the total cash flows received till date since April 24, 2020 to Rs 9,682 crore

Franklin Templeton MF's six shut schemes garner Rs 941 cr in fortnight

Franklin Templeton MF shut six debt mutual fund schemes on April 23, citing redemption pressures and lack of liquidity in the bond market