Franklin Templeton Investments oversees several different portfolio strategies, distributed under three separate brands. Its largest stable of products falls under the Franklin banner, which runs a large number of fixed income and municipal bond strategies, along with some equity and alternative funds. The Templeton funds specializes in international equity and fixed income, while the Franklin Mutual series has a value tilt. Some of the firm’s funds are subadvised, while others are managed in-house. The Franklin Templeton funds are staples of many 401(k) and other retirement plans.
The Templeton Funds, which merged with Franklin in 1992, were among the pioneers of emerging-market investment strategies. Franklin Templeton also runs several closed-end funds and one exchange-traded fund.