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Debt

Franklin Templeton reassures investors

Amidst criticism of it’s investment in debt of dubious companies,Franklin Templeton has come out with a Note explaining its rationale for investing in such paper.

[gview file=”http://alphaideas.in/wp-content/uploads/2015/09/Fixed-Income_Securities_Note_September-2015_Final1.pdf”]

One reply on “Franklin Templeton reassures investors”

Am I missing something? Franklin simply tells readers to refer to the ratings agencies’ comments, which is exactly the problem stated at CapitalMind – that these ratings do not fully reflect the quality of debt!

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