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Templeton eyes Nordic growth.(Special report: Sweden)(Franklin/Templeton Investor Services Inc.)

Publication: Global Fund News

Publication Date: 01-MAR-05

Author: Sivathambu, Shamillia
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COPYRIGHT 2005 Euromoney Institutional Investor PLC. Internal use only 10 copy limit. No further use w/o permission. Publisher@euromoneyplc.com.

Franklin Templeton Investments is making a major push to grow its Nordic business by 20% annually by expanding distribution in Sweden this year. The firm hired Patrik Silfverling as its new head of Nordic sales just last month (www.globalfundnews.com, 25/1). In the past, Franklin Templeton has not had much success in the Nordic region but with a larger product range and the market gradually opening up to third-party funds, it plans to tap Swedish banks and insurance companies...

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