News From Press Franklin affair raises some troubling questions

Franklin affair raises some troubling questions

Even though a 90 per cent plus vote bodes well for investors, the Franklin affair raises some troubling questions for the future.

VR Jan 22, 2021

The Supreme Court-mandated investors' vote on the shuttered Franklin Templeton debt funds has ended with a 90 per cent plus vote for an orderly winding up of the funds. As I'd written earlier, this is the only sensible choice that investors could have had and it's truly heartening to see it being chosen by an overwhelming majority of investors in these funds.

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