Franklin Templeton Investments (Me) Limited (Dubai)


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. The adviser charges an additional fee when a set benchmark is outperformed. 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/.