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Franklin Templeton cites lockdown, redemptions, weak inflows as factors for schemes' closure

Updated : April 24, 2020 10:38 AM IST

Continuous redemption pressures and illiquid corporate bond markets made it difficult to ensure that all investors were treated fairly
FT said it had explored the possibility of suspending redemptions until market conditions stabilize without winding up the schemes.
Franklin Templeton cites lockdown, redemptions, weak inflows as factors for schemes' closure

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