Franklin Templeton Investments (Me) Limited (Dubai)

Name: Franklin Templeton Investments (Me) Limited
Address: Level 2, East Wing, The Gate Building, Dubai, 506613
Telephone: 971-04-4284100

Franklin Templeton Investments (Me) Limited is a large advisory firm based in Dubai. It manages $3.28 billion of regulatory assets for 34 client accounts. It has been registered with the SEC as an adviser since 2013.

Franklin Templeton Investments (Me) Limited provides portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and portfolio management for funds and institutional clients that are not united states residents.. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Franklin Templeton Investments (Me) Limited: assets under management

The assets under management (AUM) of Franklin Templeton Investments (Me) Limited is $3.28 billion. The firm's AUM has grown by 530% since the beginning of its operation, and $3.28 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $3.15 billion in discretionary accounts and $129.32 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $98.38 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $64.66 million.

Investments

The firm invests in sovereign bonds the most. They account for 31% of the total AUM. The second-largest asset type is non-investment grade corporate bonds, which make up 28% of the firm’s portfolio. Investments in exchange traded securities form 19% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Franklin Templeton Investments (Me) Limited for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Mohieddine Kronfol serves?

The firm provides services to investment companies, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Mohieddine Kronfol is pooled investment vehicles with 11 clients and $1.39 billion of assets under management. Among the 10 most similar advisory firms, Franklin Templeton Investments (Me) Limited has the 4th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.77 billion for 22 clients. 97% of the firm’s clients are foreign persons or businesses.

Franklin Templeton Investments (Me) Limited doesn't advise any private funds.

Careers at Franklin Templeton Investments (Me) Limited

The company employs 39 people that are either part- or full-time employees. 26 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Mohieddine Kronfol has been acting as President since 1 Nov 2006. Scott James Nicol joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mohieddine Kronfol	Director	1 Nov 2006	Other	6045140
Ziad Makkawi	Director	1 Nov 2006	Other	6175842
Mohieddine Nabil Kronfol	Director	1 Nov 2006	Other	6045140
Hamed Ahmed Mohd Aqil Kazim	Director	1 Aug 2007	Other	6045143
Vivek Kudva	Chairman	1 May 2009	Other	6045148
Vivek Mohan Kudva	Chairman	1 May 2009	Other	6045148
Templeton International Inc.	Parent corporation of registrant	1 Jan 2011	75% - 100%	94-3173617
Stephen Harold Dover	Director	1 Jan 2011	Other	1473436
Mark Joseph Benhard Mobius	Director	1 Jun 2012	Other	4393036
Natasha Bukhari	Company secretary	1 Jun 2012	Other	6175847
Natasha Bharratt Bukhari	Company secretary	1 Jun 2012	Other	6175847
Adam Quaife	Chief executive officer, senior executive officer and director	1 Aug 2012	Other	6175844
Adam Julian Quaife	Chief executive officer, senior executive officer and director	1 Aug 2012	Other	6175844
Krunal Jitendra Thakkar	Compliance officer	1 Oct 2012	Other	5130374
Jose Luis Perez	Chief compliance officer	1 May 2013	Other	6200457
Jose Luis Perez	Chief compliance officer	1 Jun 2013	Other	6200457
Jayaram N/A Subramaniam	Director	1 Nov 2015	Other	5448391
Bassel N/A Khatoun	Director	1 Nov 2015	Other	6587737
Jayaram Subramaniam	Director	1 Nov 2015	Other	5448391
Bassel Khatoun	Director	1 Nov 2015	Other	6587737
Franklin Templeton Capital Holdings Private Limited	Parent corporation of registrant	1 Dec 2015	75% - 100%	111111112
Sandeep N/A Singh	Chief executive officer, senior executive officer and director	1 Jan 2017	Other	5448390
Scott James Nicol	Chief compliance officer	1 Sep 2018	Other	6776624

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Templeton Worldwide	Parent corporation of templeton international, inc.	1 Oct 1992	75% - 100%	94-3167260
Inc. Franklin Resources	Parent corporation of templeton worldwide, inc.	1 Oct 1992	75% - 100%	13-2670991
Templeton International Inc.	Parent corporation of franklin templeton capital holdings private limited	1 Dec 2015	75% - 100%	94-3173617

Based in Dubai

The principal office where Franklin Templeton Investments (Me) Limited performs its advisory services is located at Level 2, East Wing, The Gate Building, Dubai, 506613, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 971-04-4284100 or by fax 971-04-4284140. The normal business hours are 9:00 a.m. - 6:00 p.m. on Other. You can find more information about the New York firm at franklintempleton.com/.