LuxFLAG label awarded to Franklin Templeton fund

Jonathan Boyd
clock • 1 min read

Franklin Templeton has been awarded a LuxFLAG ESG label for its Franklin Green Target Income 2024 fund, which launched in May this year. The fund targets higher yielding corporate debt securities denominated in euros and issued globally, including in emerging markets. The management is led by David Zahn, head of European Fixed Income, and Rod MacPhee, vice president and portfolio manager from the Franklin Templeton Fixed Income Group. They believe that companies in the high yield space may not be prioritising ESG risks in the same way that investment grade companies might, and will be pu...

Jonathan Boyd
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Jonathan Boyd

Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope.