Franklin Templeton and its still-to-be-acquired subsidiary, Fiduciary Trust Co. International, opened two new mutual funds under the Franklin brand name. The Franklin Global Growth Fund and the Franklin Global Aggressive Growth Fund opened to investors Dec. 29.
Fiduciary, an institutional manager, is the subadviser on each fund; Sheila Hartnett-Devlin is co-managing the growth fund with Joshua A. Rosenthal and Paul A.M. Harris. Ms. Hartnett-Devlin is co-managing the aggressive growth fund with Margaret S. Lindsay, David S. Lee and Jeremy H. Biggs.