For Michael Hasenstab , manager of the top-rated and best-selling Templeton Global Bond Fund , Greece is the latest example of why investors should avoid countries that rely too heavily on borrowed money.
Michael Hasenstab’s $59 billion Templeton Global Bond Fund, the best-selling mutual fund this year, declined 7.2 percent in the past month as Asian currencies slumped.
Franklin Resources Inc., benefiting from the rising popularity of top-ranked bond manager Michael Hasenstab, is the best-performing stock in the money-management business.
Franklin Templeton sold Russian bonds during the first quarter while adding to its almost $8 billion in Ukrainian debt as conflict between the countries escalated.
Nuveen Investments Inc. ’s David Iben has a pet peeve: index huggers.
David Iben’s $589 million ING Value Choice leads the U.S. equities ranking. He’s betting on gold mining and energy stocks.
South Korea’s won and Malaysia’s ringgit are likely to lead gains in Asian currencies as Chinese demand spurs trade in the region, according to Franklin Templeton Investments.
"I'm more excited about Ukraine today even than I was a year ago."
- Michael Hasenstab on May 28, 2014