Franklin Templeton Launches Model Portfolios on Morgan Stanley’s MAPS Platform
September 18 2019 - 9:15AM
Franklin Templeton today announced that six of its custom managed
model portfolios have launched on Morgan Stanley Wealth
Management’s Select Unified Managed Accounts (UMA) Platform, or
MAPS platform.
“We are excited to be working with Morgan Stanley to provide
clients access to our model portfolios,” said Pierre Caramazza,
Head of Financial Institutions Group at Franklin Templeton. “Many
advisors are looking for an investment partner who will help build
and manage portfolios so they can spend more time deepening client
relationships and achieving better outcomes. We look forward to
helping Morgan Stanley’s advisors along this goals-based path.”
The six model portfolios launching include three income-focused
portfolios (Income, Tax-Advantaged Income, Quality Income) and
three growth and income-oriented portfolios (Growth & Income,
Growth & Enhanced Income, Tax-Advantaged Growth & Income).
Each portfolio in the series is aligned with specific intended
outcomes and seeks to balance varying levels of current income and
capital growth. Typical portfolios will hold about seven to 10
underlying funds and ETFs. Delivering income as an outcome is a
long-standing multi-asset expertise of Franklin Templeton, dating
back to the inception of its original multi-asset solution in 1948,
Franklin Income Fund.
Ed Perks, CIO of Franklin Templeton Multi-Asset Solutions and
portfolio manager of Franklin Income Fund since 2002, leads the 60+
member team that will manage the models for Morgan Stanley.
Regarding his team’s approach to multi-asset solutions, Perks said:
“Our team is in the enviable position of building portfolios
powered by Franklin Templeton’s best thinking around the globe. We
are able to do this because our research process connects and
synthesizes the views of Franklin Templeton’s specialized teams
around the world, and we have the flexibility to build portfolios
using both long-term flagship strategies and newer quantitative
strategies like our Franklin LibertyQ ETFs.”
Franklin Templeton has been managing multi-asset solutions for
more than 70 years and has been delivering multi-asset solutions
through model portfolios since 1999, including custom solutions.
Franklin Templeton Multi-Asset Solutions (FTMAS) currently manages
over 100 model portfolios, including model portfolios tailored to
specific client needs.
About Franklin Templeton Franklin Resources,
Inc. [NYSE:BEN] is a global investment management organization
operating as Franklin Templeton. Franklin Templeton’s goal is
to deliver better outcomes by providing global and domestic
investment management to retail, institutional and sovereign wealth
clients in over 170 countries. Through specialized teams, the
Company has expertise across all asset classes, including equity,
fixed income, alternatives and custom multi-asset solutions. The
Company’s more than 600 investment professionals are supported by
its integrated, worldwide team of risk management professionals and
global trading desk network. With employees in over 30
countries, the California-based company has more than 70 years of
investment experience and over US$690 billion in assets under
management as of August 31, 2019. For more information, please
visit franklintempleton.com.
All financial decisions and investments involve risk,
including possible loss of principal.
The Franklin Income Fund’s portfolio includes a substantial
portion of higher-yielding, lower-rated corporate bonds and some
floating rate loans, which are also higher-yielding and
lower-rated. These investments have more credit risk than
investment-grade securities and are subject to increased risk of
default and potential loss of principal. The fund’s share price and
yield will be affected by interest rate movements. Bond prices
generally move in the opposite direction of interest rates. Thus,
as the prices of bonds in the fund adjust to a rise in interest
rates, the fund’s share price may decline. Changes in the financial
strength of a bond issuer or in a bond’s credit rating may affect
its value. Stock prices fluctuate, sometimes rapidly and
dramatically, due to factors affecting individual companies,
particular industries or sectors, or general market conditions.
Foreign investing involves additional risks such as currency and
market volatility, as well as political and social instability.
These and other risk considerations are discussed in the fund’s
prospectus.
Investors should carefully consider a fund’s investment goals,
risks, charges and expenses before investing. To obtain a summary
prospectus and/or prospectus, which contains this and other
information, talk to your financial advisor, call us at (800) DIAL
BEN / 342-5236 or visit franklintempleton.com. Please carefully
read a prospectus before you invest or send money.
Copyright © 2019. Franklin Templeton. All rights reserved.
From: |
Franklin
Templeton Corporate Communications: |
|
Stacey Coleman, (650) 525-7458,
stacey.coleman@franklintempleton.com |
|
Rebecca Radosevich, (212) 632-3207,
rebecca.radosevich@franklintempleton.com |
|
Prosek Partners: Cary Ruterman, (857) 302-3712,
cruterman@prosek.com |
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