Franklin Templeton 4.65K Followers

Summary

During the third quarter, global markets remained heavily influenced by developments in the Middle East.

Security selection had a positive impact on performance.

Duration and sector positioning detracted from performance.

The portfolios underperformed benchmark.

Energy-related supply disruptions have lifted near-term inflation and triggered a sharp reset in market expectations.

Torsten Asmus/iStock via Getty Images

Key Takeaways

Markets: During the third quarter, global markets remained heavily influenced by developments in the Middle East, as repeated military escalations and disruptions to global energy supplies drove renewed inflation concerns and a significant repricing

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Franklin Templeton 4.65K Followers

Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries.…