Franklin Templeton launches EM long/short UCITS fund

The vehicle, which will aim to provide growth through both long and short positions in emerging market sovereign and corporate debt securities, as well as through derivatives, will be managed by Emso's CIO Mark Franklin and senior portfolio manager John Hynes. Emso is the sub-advisor employed by K2 Advisors, which is the Connecticut-based hedge fund subsidiary of Franklin Templeton. Franklin Templeton names new mutual fund CIO Bill Santos, senior managing director of K2 Advisors, said Emso is a "very strong manager" for the fund's liquid hedge fund mandates, and expects to "continu...