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☆ Bitcoin's halving is unlike others before it: A supply shock colliding with a demand tidal wave
▼ + stars: | 2024-03-16 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

A bitcoin halving — when the number of tokens rewarded to miners gets cut by 50% — happens reliably every four years. This time, however, supply will slow within months of an unprecedented demand shock, fueled by the approval of 11 spot bitcoin ETFs from asset management titans including BlackRock and Fidelity. AdvertisementAnd what's new this year is the wave of demand from bitcoin ETFs. Recent weeks have seen single-day inflows into spot bitcoin ETFs topping $1 billion, BitMex data shows. "We've never had both a supply shock and a demand shock at the same time."

Persons: —, Sandy Kaul, Franklin Templeton's, bitcoin, it's, Greg Magadini, Magadini, Kaul, We've, Samir Kerbage, doesn't, Kerbage, Brian Rudick, Rudick Organizations: Service, BlackRock, Fidelity, Business

☆ Forget cash — it's time to move into fixed income, Franklin Templeton strategist says
▼ + stars: | 2024-03-01 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +1 min

Investors should move out of cash and into fixed income with some duration, said Franklin Templeton's chief market strategist, Stephen Dover. Franklin Templeton's inflation forecast is more conservative than the U.S. Federal Reserve's. The investment firm expects the core personal consumption expenditures price index to fall to 2.7% by the end of the year, versus the U.S. Federal Reserve's projections of 2.4%. The markets' "biggest screaming issue" is the $6 trillion sitting in money market funds right now, he said. "We would advise those investors to move out of that cash and take some duration move into fixed income," he added.

Persons: Franklin, Stephen Dover, Dover Organizations: U.S Locations: U.S . Federal

☆ Franklin Templeton's Sandy Kaul on the rate of flows into its EZBC bitcoin ETF
▼ + stars: | 2024-02-20 | by ( Jordan Smith | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFranklin Templeton's Sandy Kaul on the rate of flows into its EZBC bitcoin ETFCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Sandy Kaul, head of digital asset & investor advisory services, discusses the firm's EZBC spot bitcoin ETF.

Persons: Franklin, Sandy Kaul, explainers Organizations: CNBC

☆ This India ETF is beating its main rivals — and the S&P 500 — in 2024
▼ + stars: | 2024-02-11 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

The WisdomTree India Earnings ETF (EPI) has a total return of 6.6% through Feb. 8, according to FactSet, and is up 18.7% over the past three months. That makes it the best performing of the five biggest India ETFs, with the iShares MSCI India ETF (INDA) and the Franklin FTSE India ETF (FLIN) both up less than 4% year to date.The WisdomTree fund is also beating The S & P 500, which up less than 5% over the same period. The WisdomTree fund has been a long-term winner as well, with an average annualized return of roughly 12% over the past decade. And, notably, the second-best performing major India ETF this year is the iShares MSCI India Small-Cap ETF (SMIN) . That is above the 0.65% of the iShares INDA ETF and the 0.19% of Franklin Templeton's FLIN.

Persons: date.The, Jeremy Schwartz, it's, It's, Schwartz, Franklin Templeton's FLIN Organizations: Franklin FTSE, CNBC, India ETF Locations: India, Franklin FTSE India

☆ How investors are playing emerging market opportunities in India and Japan
▼ + stars: | 2024-01-24 | by ( Anna Gleason | ) www.cnbc.com time to read: +2 min

Investors are increasingly looking to emerging market exchange-traded funds for growth at a reasonable price. David Mann, head of capital markets at Franklin Templeton, named India as one of the most popular countries with ETF investors in the past year. "[It] has been one of the emerging market standouts thus far, so India has been a great story." The firm's Franklin FTSE India ETF (FLIN) has risen 18.19% in the past year, as of Tuesday's close. As of Tuesday's close, the firm's Franklin FTSE Japan ETF (FLJP) gained 12.58% in the past year.

Persons: David Mann, Franklin Templeton, CNBC's, Mike Akins, Akins, Franklin Templeton's Mann, Action's Akins Organizations: Franklin, Franklin FTSE, Reliance Industries, HDFC Bank, Infosys, Toyota Motor, Sony Group, Mitsubishi UFJ Locations: India, Franklin, Franklin FTSE India, Japan, U.S, Franklin FTSE Japan

☆ Here’s how to squeeze a little more juice out of these tax-advantaged yields
▼ + stars: | 2024-01-23 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

Indeed, investors get paid for taking a small step down in credit quality in the muni bond space. What's even sweeter is that municipal bond income is generally exempt from federal income tax. This also means high income investors would have to scoop up a higher yielding corporate bond to get the same tax-advantaged yield a muni bond would generate. A measured amount of risk Munis offer lower yields compared to their corporate counterparts, but they also carry significantly less risk. Lower risk, however, doesn't necessarily mean risk free.

Persons: Jennifer Johnston, Franklin Templeton, Lyle Fitterer, munis, corporates, Cooper Howard, Jonathan Mondillo, Franklin Templeton's Johnston Organizations: Federal Reserve, Franklin, AAA, muni, Strategic Municipal Bond Fund, York Life Investments, Moody's Investors Service, Charitable, Schwab Center, Financial Research Locations: muni, Abrdn

☆ Perspective: spot bitcoin uptake
▼ + stars: | 2024-01-22 | by ( Bob Pisani | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPerspective: spot bitcoin uptakeDavid Mann, Global Head of Product and Capital Markets at Franklin Templeton, and Mike Akins, ETF Action founding partner, join CNBC's Bob Pisani on 'ETF Edge' to discuss Franklin Templeton's new spot bitcoin ETF and action the new ETFs are seeing.

Persons: David Mann, Franklin Templeton, Mike Akins, Bob Pisani, Franklin Organizations: Global, Product, Markets, Franklin

☆ Next level up for ETFs are actively managed funds, say money managers
▼ + stars: | 2023-11-19 | by ( Natalie Zhang | ) www.cnbc.com time to read: +2 min

Actively managed exchange-traded funds are having their time in the limelight as ETF managers seek new strategies beyond passive funds. "But with active management, you can differentiate assuming the active manager is actually doing something meaningfully different than the underlying benchmark," he added. While active ETFs have been around since 2008, the popularity took off in 2019 after the SEC eased launch restrictions. So far this year, the number of active ETFs that have launched have already overtaken passive ETFs by a ratio of three to one, according to Morningstar. While it's the firm's first active ETF, GMO has run a traditional actively managed mutual fund called the GMO Quality Fund (GQETX) since 2004.

Persons: Nate Geraci, Morningstar, Franklin, It's, Tom Hancock, we've Organizations: Edge, SEC, Asset Bond, Quality

☆ Franklin Templeton's Jennifer Johnston on muni bonds: Buy bonds with robust security provisions
▼ + stars: | 2023-09-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFranklin Templeton's Jennifer Johnston on muni bonds: Buy bonds with robust security provisionsJennifer Johnston, SVP and director of municipal bond research Franklin Templeton, joins 'The Exchange' to discuss the tax advantage nature of MUNI investments, shifting investments from treasuries to MUNIs, and the credit fundamentals of the MUNI market.

Persons: Franklin, Jennifer Johnston, Franklin Templeton Locations: treasuries

Jenny Johnson, President and CEO of Franklin Resources, Inc., speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, U.S., May 4, 2022. REUTERS/Mike Blake/File Photo Acquire Licensing RightsSINGAPORE, Sept 11 (Reuters) - The idea that investment opportunities in China have met their demise is probably overhyped, said Jenny Johnson, president and chief executive officer at global investment management firm Franklin Templeton. "There is a lot of pessimism built into the pricing," she said at a session at the Forbes Global CEO Conference in Singapore. Johnson's comments came as global investors have reduced their appetite for China, discouraged by the country's faltering economic recovery and tensions with the West. Meanwhile, Johnson also sees opportunities in secondary private equities and private credit globally.

Persons: Jenny Johnson, Mike Blake, Franklin Templeton, Johnson, Franklin, Legg Mason, Johnson's, Gina Raimondo, Yantoultra Ngui, Gerry Doyle Organizations: Franklin Resources, Inc, Milken, Global Conference, REUTERS, Rights, Forbes Global, Conference, West, . Commerce, Thomson Locations: Beverly Hills , California, U.S, Rights SINGAPORE, China, Singapore, West .

☆ Investors are getting bearish on China — but see other upside opportunities in Asia
▼ + stars: | 2023-08-31 | by ( Hakyung Kim | ) www.cnbc.com time to read: +4 min

However, some investors believe a bearish China story is shifting the spotlight onto investment opportunities in other Asian markets. Morgan Stanley downgraded the iShares MSCI China ETF (MCHI) to equal weight from overweight in early August, citing lower earnings growth expectations and structural challenges. Opportunity in Japan Japan currently stands out as a "particularly attractive" investment play, according to Horizon Investments chief investment officer Scott Ladner. Investors can get access to the Japanese market through the iShares MSCI Japan ETF (EWJ) , which has an expense ratio of 0.5% and more than $13 billion in assets. Ways to play the space include the iShares MSCI South Korea ETF (EWY) , the Franklin FTSE South Korea ETF (FLKR) and the iShares MSCI Taiwan ETF (EWT) .

Persons: Morgan Stanley, Wells, Jay Bryson, Scott Ladner, Ladner, Seth Carpenter, it's, Carlos Asilis, China —, Asilis, Franklin Templeton's FLKR, we've Organizations: Horizon Investments, Bank of Japan, Glovista Investments, Korea ETF, Franklin FTSE, Franklin FTSE South Korea ETF, U.S Locations: China, Wells Fargo, Japan Japan, Japan, Asia, Pacific, South Korea, Taiwan, Korea, Franklin FTSE South, Australia, India, Vietnam, Indonesia

☆ This income play can yield more than 5%, without a ton of risk
▼ + stars: | 2023-08-30 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

Corporate bond yields have been a boon for income investors. For many, investment-grade corporate debt is the sweet spot right now, and still has yields that haven't been seen in years. Investment-grade bonds are rated Baa or above by Moody's or BBB and above by S & P and Fitch. "You could get to 5% to 6% type of yield numbers, without taking much credit risk, without taking much duration risk." "There should be lower spread volatility compared to other [corporate bond] sectors such as high yield, floating rate loans and emerging markets as well," he said.

Persons: haven't, Vishy Tirupattur, Morgan Stanley, Fitch, Tirupattur, Marc Kremer, Franklin, Michael Kessler, I'm, Kessler, He's, Morgan Stanley's Tirupattur, Franklin Templeton's Kremer, Kremer, CNBC's Michael Bloom Organizations: Federal Reserve, UBS, Investment, Franklin Templeton, Franklin Investment Grade Corporate, Albion Financial, Treasury Locations: financials, U.S

☆ Why now is a great time to be in the muni market: Franklin Templeton's Jennifer Johnston
▼ + stars: | 2023-08-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy now is a great time to be in the muni market: Franklin Templeton's Jennifer JohnstonJennifer Johnston, Director of municipal bond research at Franklin Templeton, joins 'The Exchange' to discuss hunting for yield in muni bonds, how commercial real estate prices impact regions differently depending on property taxes and the delayed impact of revenue for municipal bonds.

Persons: Franklin Templeton's Jennifer Johnston Jennifer Johnston, Franklin Templeton Organizations: Franklin Locations: muni

☆ Crypto is trying to fix its custody problem as institutions pour in and regulatory uncertainty lingers
▼ + stars: | 2023-06-29 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +8 min

And the highly regulated institutions wanting to give their clients access to bitcoin are still a little skeptical that the crypto industry has learned its lessons. Another issue is there aren't enough dedicated custodians in the crypto industry. The Go Network acts as a platform on which partner firms can execute and settle trades between crypto assets and fiat currencies. BitGo handles custody of crypto assets while dollars are spread across a network of banks for safekeeping. "[The crypto industry] was operating on the edge, saying, it's risky, but we're making a lot of money.

Persons: Crypto, Bitcoin, Roger Bayston, Franklin Templeton's, FTX, Schwab, Gustavo Schwenkler, It's, David Wells, haven't, it's, BitGo, Mike Belshe, CNBC's, Wells, Belshe, BlackRock's Joseph Chalom, Franklin Templeton's Bayston Organizations: Crypto, New York City, Arrows, Terraform, Securities and Exchange, Fidelity, Citadel, EDX, Valley Bank, First, Leavey School of Business, Santa Clara University, Nasdaq, Bank of New York Mellon, CNBC, Go, Markets, Schwab, BlackRock, Securities, Exchange, Coinbase Locations: Coinbase State, New York, First Republic, PacWest, Wells

☆ Blockchains are ‘basic utilities’ for the digital economy, says Franklin Templeton crypto head
▼ + stars: | 2023-06-19 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Think of investing in crypto as investing in technology for the data economy. Crypto is unchartered territory for most, but the 76-year-old asset manager has dived deep into research in recent years believing digital assets will transform asset management, capital markets and the increasingly digital, data-driven world at large. "You don't expect it to end just at just Bitcoin and Ethereum , and we expect over the next several years, several things that continue to unfold and find application," Roger Bayston, Franklin Templeton's head of digital assets, told CNBC Pro at the Digital Assets Council of Financial Professionals' VISION conference in Austin, Texas. Since 2019, the firm has operated node validators on various blockchains – including Ethereum, Solana , Cardano and Polkadot . Bayston said investors who have the stomach for high volatility and uncertainty could be rewarded in the future.

Persons: Franklin Templeton, Crypto, Roger Bayston, Franklin Templeton's, Bayston, It's Organizations: CNBC Pro, Digital Assets, Financial Professionals, Government Money Market Locations: Austin , Texas, Ethereum, Solana, Cardano, U.S

☆ Woman who called police on Black bird-watcher in Central Park loses employment appeal
▼ + stars: | 2023-06-08 | by ( Jonathan Stempel | ) www.reuters.com time to read: +2 min

Cooper had been an insurance portfolio manager at Franklin Templeton, a unit of San Mateo, California-based Franklin Resources (BEN.N). The case arose from a May 25, 2020 video that went viral, in which Cooper confronted bird-watcher Christian Cooper, who is not related. Franklin Templeton fired Amy Cooper the next day, saying it had conducted an internal review and that "we do not tolerate racism of any kind." Franklin Templeton said it was pleased with the decision. The case is Cooper v Franklin Templeton Investments et al, 2nd U.S.

Persons: Amy Cooper, Karen, Cooper, Franklin Templeton, Christian Cooper, Franklin Templeton's, George Floyd, Cooper's, Jonathan Stempel, Richard Chang, Bill Berkrot Organizations: YORK, U.S, Circuit, Franklin Resources, Black, Franklin Templeton Investments, 2nd U.S, Thomson Locations: Manhattan, San Mateo , California, Minneapolis, 2nd, New York

☆ Fund manager outperforming 96% of peers bets big on AI with Nvidia and Microsoft but avoids Apple, Alphabet and Meta
▼ + stars: | 2023-05-19 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

A Franklin Templeton fund is outperforming 96% of peers with big bets on artificial intelligence. But the fund is avoiding other tech giants like Apple, Alphabet, Meta and Netflix. According to Bloomberg, Franklin Templeton's $158 million FTGF Martin Currie Global Long-Term Unconstrained Fund has outperformed 96% of peers this year. "But you have to look at it through different segments rather than invest across Big Tech." In fact, the fund is avoiding traditional tech heavyweights such as Apple, Alphabet, Meta, and Netflix.

He said Franklin Templeton might have worried about people seeing Cooper, a former insurance portfolio manager, display bad judgment and a short temper. Litt said Franklin Templeton crossed a line. Critics labeled Cooper "Central Park Karen," using a pejorative for an entitled white woman. Its lawyer Bryan Killian told the appeals court it was unreasonable to see the company's statements as "anything other than a response to the video." The case is Cooper v Franklin Templeton Investments et al, 2nd U.S.

☆ Municipal bonds will perform despite macro headwinds, says Franklin Templeton's Jennifer Johnston
▼ + stars: | 2023-05-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMunicipal bonds will perform despite macro headwinds, says Franklin Templeton's Jennifer JohnstonJennifer Johnston, Franklin Templeton SVP and director of municipal bond research, joins 'The Exchange' to discuss the relationship between MUNIs and the debt ceiling, navigating market headwinds, and the impact of inflation on employee hiring.

☆ Watch CNBC’s full interview with Franklin Templeton's Mike LaBella on navigating market volatility
▼ + stars: | 2023-01-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Franklin Templeton's Mike LaBella on navigating market volatilityMike LaBella, Franklin Templeton senior portfolio manager, joins 'Power Lunch' to discuss bond and global markets and December's CPI report.

☆ Investors shouldn't get overly excited over recent CPI data, says Franklin Templeton's Mike LaBella
▼ + stars: | 2023-01-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors shouldn't get overly excited over recent CPI data, says Franklin Templeton's Mike LaBellaMike LaBella, Franklin Templeton senior portfolio manager, joins 'Power Lunch' to discuss bond and global markets and December's CPI report.

☆ Bank of Mexico hiking cycle seen ending with key rate at 11% -Franklin Templeton
▼ + stars: | 2022-12-08 | by ( ) www.reuters.com time to read: 1 min

MEXICO CITY, Dec 8 (Reuters) - Mexico's central bank's monetary policy tightening cycle will likely end in the first half of 2023 with the benchmark interest rate at 11%, before policymakers start to gradually ease rates, a Franklin Templeton executive said on Thursday. Banxico, as the Mexican central bank is called, has increased the key rate by 600 basis points to 10.0% since the middle of 2021 to combat rising inflation. "We believe the terminal rate is going to be at 11% in the first half of 2023," Luis Gonzali, co-chief investment officer of Franklin Templeton's Mexico unit, said during an event with reporters, adding that Banxico will then start to lower rates. Reporting by Noe Torres; Writing by Valentine HilaireOur Standards: The Thomson Reuters Trust Principles.

☆ Matt Quinlan's high-dividend stock funds hold more than $20 billion in investor assets. The Franklin Templeton vet told us where he finds innovators that can deliver big returns.
▼ + stars: | 2022-11-17 | by ( Marley Jay | ) www.businessinsider.com time to read: +4 min

Historically, big dividend payments have been associated with just a couple of stock market sectors. Franklin Templeton fund manager Matt Quinlan says that's changed in recent years. But inflation and interest rates were extremely low during that period, and it seemed like the growth and spending could go on forever. In a market like today's that's defined by higher interest rates and inflation, which erode returns over time, a solid dividend yield can give buyers a real leg up. He's also run its $24.3 billion Rising Dividends Fund for three years, and its results have been particularly strong across his tenure.

☆ These 3 'megatrends' will help investors get the income they need and profit from inflation, according to investing giant Franklin Templeton
▼ + stars: | 2022-11-10 | by ( Marley Jay | ) www.businessinsider.com time to read: +4 min

Private real estateThanh Bui, a portfolio manager at Franklin Templeton's private real estate investment unit Clarion Partners, said that it's becoming easier for retail investors to get access to high-quality private real estate. She says the space generally does well when inflation is high, and that private real estate is an effective portfolio diversifier not strongly correlated to stocks, bonds, or public real estate companies. Bui is especially positive on muti-family real estate because there is a huge supply shortage that won't be resolved any time soon. She's also bullish on industrial real estate, where rents are surging because of high demand from e-commerce companies and onshoring. "We view the dividend profile as a way to look at quality of a company.

☆ Saudi Arabia sells $5 bln in first bond deal in almost a year
▼ + stars: | 2022-10-18 | by ( Yousef Saba | ) www.reuters.com time to read: +3 min

DUBAI, Oct 18 (Reuters) - Saudi Arabia sold on Tuesday $5 billion in Islamic and conventional bonds for which demand topped $26.5 billion as it held its first international bond sale in almost a year. "Saudi is a fairly logical substitute for Russia and its weight in indices such as the JPMGBI (JPMorgan Government Bond Index) has been growing." Saudi Arabia's finance ministry on Tuesday also invited holders of its $3 billion bonds due in 2023, $4.5 billion notes due in April 2025, $2.5 billion bonds due in October 2025 and $5.5 billion notes maturing in 2026 to tender them for cash. Saudi Arabia's sovereign wealth fund, the Public Investment Fund, raised $3 billion with green bonds in its debt markets debut earlier this month. Saudi Arabia raised $3.25 billion in bonds in November via sukuk and bonds, after issuing bonds worth 1.5 billion euros in February and $5 billion in January last year.

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