Martin Currie Fund Beating 95% of Peers Prefers European Stocks
- Fund overweight Europe, underweight US over valuations
- Manager says global tech stock valuations look ‘interesting’
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A global stock fund from Franklin Templeton’s Martin Currie that’s beating 95% of peers is picking Europe over the US in a bet on cheap valuations.
“We find more attractively valued quality growth companies outside the US for the time being,” said Zehrid Osmani, manager of the $143 million FTGF Martin Currie Global Long-Term Unconstrained Fund.