Franklin Templeton enters Indonesia with fund launch

Mark Battersby
clock • 1 min read

Franklin Templeton has partnered with PT Bahana TCW Investment Management to launch a fund in Indonesia for the first time. Distributed by Bank DBS Indonesia, the Bahana US Opportunity Sharia Equity USD fund has been designed to align with Shariah principles. It is the first Shariah-compliant mutual fund in Indonesia that focuses on investing in companies largely based in the United States with technology, healthcare, financials and consumer discretionary forming the key sectors in the portfolio. It is actively managed using environmental, social and governance (ESG) investing princip...

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