Franklin Templeton Unveils Fixed Income Offering

January 24, 2006 ( - Franklin Templeton Investments has established the Franklin Templeton Fixed Income Group.

According to a news release, the new offering is a global fixed income platform integrating the teams from its subsidiaries, Franklin Advisers, Inc. and Fiduciary Trust Company International.

The companies said that Franklin and Fiduciary have operated a shared credit research platform for the past three years, forging relationships between the two teams and laying the groundwork for the integration of their fixed income teams.

“Franklin Advisers and Fiduciary Trust’s fixed income capabilities are complementary, so our investment strategies and the teams that manage these strategies will remain intact, assuring consistency in our investment process,” said Christopher Molumphy, executive vice president and chief investment officer of the Franklin Templeton Fixed Income Group, in the announcement.

The Franklin Templeton Fixed Income Group will be comprised of six major teams, covering the:

  • Corporate
  • Government/Mortgage
  • International
  • Municipal
  • Floating Rate Debt sectors

It will also include a Quantitative team.  The Franklin Templeton Fixed Income Policy Committee will be co-chaired by Molumphy and Michael Materasso, formerly global head of fixed income for Fiduciary Trust, according to the announcement.