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Industry news

Franklin Templeton mandates Societe Generale


21 January 2014 Rome
Reporter: Daniel Jackson

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Image: Shutterstock
Societe Generale Securities Services in Italy has been appointed by Franklin Templeton Strategic Allocation Funds to act as its Italian paying agent.

Societe Generale was retained for its recognised expertise and ability to provide personalised services tailored to the specific needs of its clients, alongside a wide network of placing agents.

SGSS in Italy offers a range of securities services, including settlement, custody and trustee services, fund administration, liquidity management and transfer agent services.

Franklin Templeton Strategic Allocation Funds is a range of Luxembourg-registered SICAV funds distributed in Italy by Franklin Templeton Investments, a global investment manager headquartered in San Mateo, California.

Franklin Templeton Investments offers investment services to clients in over 150 countries and, as of November 2013, the group has over $870 billion of assets under management.
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