Franklin Templeton and Millennium Bank partner for investment funds distribution in Romania

Franklin Templeton Investments1 and Millennium Bank announce their partnership for distributing investment funds covering important asset classes and investments strategies. The bank will offer its Prestige clients 11 Luxembourg-domiciled funds2 managed by experienced investment teams within Franklin Templeton and ranging from fixed income to equity funds, from value to growth strategies and from single country to regional and global funds.

"Millennium Bank is constantly working to enhance the product range offered to its Prestige clients, especially in the investment field, so that the bank can provide them with the necessary instruments for developing a well-balanced and diversified investment portfolio. The partnership with Franklin Templeton is an important step in this direction”, said Eliza Erhan, Head of Retail Product Development with Millennium Bank Romania.

"We are delighted to partner with Millennium Bank and give investors opportunities to tap into the Franklin Templeton expertise through those 11 fixed income and equity investment vehicles with exposures to some of the most interesting markets and sectors. We offer clients a valuable perspective, shaped by over 60 years of experience and defined by our unique approach to investment expertise and our growing global reach”, said Borno Janekovic, Director Central and Eastern Europe, Franklin Templeton Investments.

Franklin Templeton Investments, which has offices in over 30 countries worldwide and offers a wide range of investment solutions and services in more than 150 countries, is already a partner of Millennium bcp group in Portugal and in Greece. 

Launched at the beginning of 2011, Millennium Bank's Prestige business line addresses clients with disposable assets of at least 20,000 euros or monthly income above 1,400 euros. The service offers dedicated financial products and services, as well as a dedicated distribution network and relationship managers. The bank's Prestige clients also have access to international funds, managed by ING Investment Management, and local funds, managed by Pioneer Asset Management. 

For more information on the Franklin Templeton Funds, please visit www.franklintempleton.ro.