Franklin Templeton registers 8 global funds in Saudi Arabia

The new funds span a broad range of sectors and geographies, reflecting the depth of Franklin Templeton’s global investment capabilities 

Asset management firm Franklin Templeton announced the registration of eight actively managed global funds for qualified investors in Saudi Arabia, following approval from the Capital Market Authority (CMA).

The new funds span a broad range of sectors and geographies, reflecting the depth of Franklin Templeton’s global investment capabilities and broad expertise in global markets, the firm said in a statement.

The lineup includes a mix of single-country, regional, and global strategies, with four of the eight funds Shariah-compliant. Their core investment focus spans global emerging markets, multi-asset strategies, and sector-specific opportunities in areas such as technology and artificial intelligence, in addition to localized investment strategies.

Muneera AIDossary, CEO of Franklin Templeton Saudi Arabia, stated that the company aims to empower qualified investors in the Kingdom by giving them access to a diverse range of well-researched global investment strategies developed by its experts and analysts worldwide.

“These strategies are designed to anticipate future trends and capture emerging opportunities that will shape the investment landscape in the coming years. The registration of these funds represents a milestone in Franklin Templeton’s journey in Saudi Arabia, enhancing its ability to meet the diverse investment needs of clients across the Kingdom,” she added.