Explore Franklin Templeton’s Expansion into Thailand

Franklin Templeton, an American multinational holding company with a portfolio worth US$1.5 trillion, is contemplating an expansion into Thailand to tap into the local market for offshore products. The Asia-Pacific head, Tariq Ahmad, revealed this in an interview in Hong Kong, however, he did not specify a timeline for the expansion.

The firm is also planning to bolster its alternative business among wealthy Asian investors and is considering hiring additional distribution staff in Singapore or Hong Kong. Franklin Templeton is part of an increasing number of companies that are bolstering their alternative investments. According to its 2023 annual report, the company has managed to accumulate US$255 billion under management for this particular asset class, which includes private equity, private credit, and real estate.

Currently, the company employs over 200 distribution staff…