Greg Motyl, chief investment officer for Templeton, is this week's interview in Barron's. He joined the firm in 1981, the third investment professional hired by John Templeton. I wonder how many managers at Templeton were there when Sir John was? But that's beside the point for now.
Motyl reports on Templeton's breakdown by sector:
Our biggest weightings as of March 31 were health care [16.28%],
financials [15.73%], information technology [13.26%],
telecommunications services [11.74%], consumer discretionary [10.22%]
and energy [10.16%]. The rest was in industrials [9.41%], consumer
staples [6.71], materials [3.66%] and utilities [2.84%].
And by geographic region:
Our largest market is Europe, with 49.76% of our assets. Next is North
America, with 32.89%, followed by Asia, at 12.82%; Latin America,
2.52%; Australia/New Zealand, 1.1%, and the Mideast/Africa, at 0.91%.
The Templeton Global Equity Group manages some $90 billion. Great having that much but hard putting it to work (not that I'd mind having that problem).
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