Franklin Templeton eyes top-10 ETF spot in Europe
The US asset manager hopes an increase in retail investor interest will fuel ETF growth in Europe
Caroline Baron, head of ETF distribution for Europe, the Middle East and Africa at Franklin Templeton, said ETFs are a growth area for the firm
Franklin Templeton has its sights set on becoming a top 10 exchange traded fund provider in Europe “over the next few years”, as competition intensifies to win market share in one of asset management’s most competitive segments.
The $1.5tn US-headquartered asset manager launched its European ETF business in 2017, and has since gathered $2bn of assets, according to ETFGI data.
The...
