Overview
Templeton Emerging Markets seeks long-term capital appreciation through investment in companies operating in emerging markets or whose stocks are listed on the stock markets of such countries. This may include companies which have a significant amount of their revenues in emerging markets but are listed on stock exchanges in developed countries.
You can access the trust’s website here
Fundamentals
Price
Research History
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05 Jan 2023 90 min read
QuotedData’s Economic and Political Monthly Roundup January 2023
Economic and Political Monthly Roundup Investment companies | Monthly | January 2023 A collation of recent insights on markets and economies taken from the comments made by chairs and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage […]
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07 Jul 2020 7 min read
QuotedData’s Investment Companies Roundup – July 2020
Investment Companies Roundup Kindly sponsored by Baillie Gifford and Aberdeen Standard Investments Table of contents New research Performance data Discounts and premiums Money in and out Major news stories Income Events Guide Appendix – Performance by sector full list New research Here is a list of research we published over June: CQS New City High Yield – […]
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24 Jan 2020 20 min read
QuotedData’s Investment Companies Annual Review – 2019
In this issue The sector at the end of 2019 Performance data Performance by sector and fund Money in and out of the sector Money in and out of existing funds Money coming into existing funds Money going out of existing funds Liquidations, de-listings and trading cancellations Significant rating changes Major news stories Outlook for […]
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06 Dec 2019 5 min read
QuotedData’s economic roundup – December 2019
Economic & Political Roundup Kindly sponsored by Polar Capital and Allianz A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you […]
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05 Jul 2019 6 min read
QuotedData’s economic roundup – July 2019
Economic & Political Roundup A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell any of the […]
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07 Jun 2019 3 min read
QuotedData’s investment companies roundup – June 2019
Investment Companies Roundup New research Over May, we published notes on Shires Income, Standard Life Private Equity and The North American Income Trust. You can read all these notes by clicking on the links above or by visiting www.quoteddata.com. In this issue Performance data – it was notable that risk appetite was down in May as renewed […]
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08 May 2019 3 min read
QuotedData’s investment companies roundup – May 2019
Investment Companies Roundup New research Over April, we published notes on Henderson Diversified Income, Ecofin Global Utilities and Infrastructure, Jupiter Emerging and Frontier Income, Seneca Global Income & Growth and Polar Capital Global Financials Trust. You can read all these notes by clicking on the links above or by visiting www.quoteddata.com. In this issue Performance data – it was […]
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18 Jan 2019 1 min read
QuotedData’s investment companies roundup – January 2019
QuotedData’s investment companies roundup – January 2019 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of December 2018. Kindly sponsored by Baillie Gifford. Extract from money raised and returned in December The only new issue […]
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19 Dec 2018 1 min read
QuotedData’s economic roundup – December 2018
QuotedData’s economic roundup – December 2018 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell any […]
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13 Nov 2018 1 min read
QuotedData’s investment companies roundup – November 2018
QuotedData’s investment companies roundup – November 2018 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of October 2018. Kindly sponsored by Baillie Gifford. Winners and losers in October In what was generally a miserable month for equity markets, Brazil shone […]
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16 Oct 2018 2 min read
Quarterly Investment Companies Roundup – Third Quarter 2018
Quarterly Investment Companies Roundup – Third Quarter 2018 Global equities delivered positive returns over the third quarter of 2018. This was principally because of strength in the US market. Political uncertainty and concerns about global trade held back other regions. Generally, government bond yields rose over the quarter. The UK equity market fell as the Bank of […]
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14 Sep 2018 1 min read
QuotedData’s investment companies roundup – September 2018
QuotedData’s investment companies roundup – September 2018 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of August 2018. Kindly sponsored by Baillie Gifford. Money raised and returned in August GRIT Real Estate Income floated on the UK Stock Exchange in […]
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15 Aug 2018 1 min read
QuotedData’s investment companies roundup – August 2018
QuotedData’s investment companies roundup – August 2018 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of July 2018. Kindly sponsored by Baillie Gifford. Money raised and returned in July Tritax EuroBox raised its maximum target of £300 million in an […]
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18 Jul 2018 2 min read
Quarterly Investment Companies Roundup – Second Quarter 2018
QUARTERLY INVESTMENT COMPANIES ROUNDUP – SECOND QUARTER 2018 Global equities markets rose in the second quarter of 2018, Markets were volatile, as positive economic data and encouraging company performances played off against geopolitical concerns. Yields from bond markets rose early in the quarter but fell back as investors turned to ‘safer’ investments. The threat of […]
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11 Jul 2018 1 min read
QuotedData’s investment companies roundup – July 2018
QuotedData’s investment companies roundup – July 2018 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of June 2018. Kindly sponsored by Baillie Gifford. July Investment Companies Roundup Money raised and returned in June Newcomer to the market, Yew Grove […]
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1 min read
QuotedData’s Economic round up – July 2018
QuotedData’s Economic round up – July 2018 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or […]
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25 Apr 2018 1 min read
Quarterly investment companies roundup – First quarter 2018
Quarterly investment companies roundup – First quarter 2018 Quarterly investment companies roundup – First quarter 2018 – Global equity markets declined in the first quarter of 2018. Concerns about US interest rate rises were the feature of the first half of the quarter. However, worries about global trade took over in the second part, particularly […]
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13 Mar 2018 1 min read
QuotedData’s investment companies roundup – March 2018
QuotedData investment companies roundup – March 2018 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of February 2018. Kindly sponsored by Baillie Gifford. Equity markets continued to run up in early February, supported by strong corporate earnings […]
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18 Jan 2018 1 min read
QuotedData – 2017 review of the year
QuotedData – 2017 review of the year – Many commentators, including us, were wary going into 2017. In the event, economic growth and markets surprised on the upside: US markets hit new highs despite three interest rate rises. Perceived low/no growth areas such as Europe and Japan burst into life. Asia’s technology stocks surged. India’s […]
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11 Dec 2017 1 min read
QuotedData’s economic round up – December 2017
QuotedData’s economic round up – December 2017 – is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or […]
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10 Nov 2017 1 min read
QuotedData investment companies roundup – November 2017
QuotedData investment companies roundup – November 2017 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of October 2017. Kindly sponsored by Baillie Gifford. November Investment Companies Roundup Globalworth Real Estate’s discount was eliminated after it announced […]
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19 Oct 2017 1 min read
Quarterly investment companies roundup – Third quarter 2017
Quarterly investment companies roundup – Third quarter 2017 – Markets moved up a little over the course of the three months ended 30 September 2017. Regionally, emerging markets did well. The pound strengthened a bit relative to the US dollar but was flat against the euro. The oil price rose by more than 20%. In […]
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14 Sep 2017 1 min read
QuotedData investment companies roundup – September 2017
QuotedData investment companies roundup – September 2017 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of August 2017. Kindly sponsored by Baillie Gifford. September Investment Companies Roundup Winners and losers in August Ashmore Global’s […]
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03 Aug 2017 1 min read
QuotedData investment companies roundup – August 2017
QuotedData investment companies roundup – August 2017 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of July 2017. Kindly sponsored by Baillie Gifford. August Investment Companies Roundup Monthly NAV/Price moves: A couple of themes stand out […]
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12 Jul 2017 2 min read
QuotedData investment companies roundup – July 2017
QuotedData investment companies roundup – July 2017 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of June 2017. Kindly sponsored by Baillie Gifford. July Investment Companies Roundup Money raised in July Newly launched in June were […]
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2 min read
QuotedData’s economic round up – July 2017
QuotedData’s economic round up – July 2017 – is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or […]
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10 Apr 2017 1 min read
QuotedData investment companies roundup – April 2017
Our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of February 2017. Kindly sponsored by Baillie Gifford. April Investment Companies Roundup
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15 Mar 2017 1 min read
QuotedData investment companies roundup – March 2017
Our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of February 2017. Kindly sponsored by Baillie Gifford. March Investment Companies Roundup
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31 Jan 2017 1 min read
QuotedData – 2016 review of the year
Our review of 2016 includes performance data, significant moves in discounts and premiums, money raised and money handed back, major news stories and links to the research we have published including our guide to investment companies. 2016 Annual roundup
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07 Dec 2016 1 min read
QuotedData investment companies roundup – December 2016
Our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of November 2016. december-investment-companies-roundup
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1 min read
QuotedData’s round up of views on the global economy – December 2016
QuotedData’s collation of recent insights on markets and economies taken from comments made by chairman and managers of investment companies. december-economic-and-political-roundup
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13 Oct 2016 1 min read
QuotedData investment companies roundup – October 2016
Our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of September 2016. october-investment-companies-roundup
News
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10 Jun 2024 2 min read
Templeton Emerging Markets outperforms and accelerates buybacks
Templeton Emerging Markets Investment Trust (TEM) has released its annual results for the 12 months ending 31 March 2024. Over the 12 months TEM delivered a NAV total return of 7.9%, outperforming its benchmark, the MSCI Emerging Markets Index, which returned 5.9%. TEMIT’s share price total return underperformed however, returning 4.9%, due to its widening […]
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03 May 2024 1 min read
QuotedData’s weekly news show 3rd May 2024
Thank you to everyone that listened in today, whether you watched the Zoom live or on YouTube. In this week’s show, James Carthew covered the week’s top stories: • Aberforth Split Level Income (0:33) • Chrysalis (6:24) Andrew McHattie highlighted a number of funds that were looking unusually cheap or expensive (10:24). This week’s interview […]
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12 Jun 2023 2 min read
TEM produces positive returns in a difficult market
Templeton Emerging Markets (TEM) has announced its annual results for the financial year ending 31 March 2023. Over the 12 month period TEM reported a NAV total return of 0.8% and share price total return of 0.5%. This compares to the -4.5% total return of its benchmark the MSCI Emerging Markets Index. Stock selection in […]
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01 Feb 2023 2 min read
QuotedData’s morning briefing 1 February 2023
In QuotedData’s morning briefing 1 February 2023: Macau Property Opportunities (MPO) says its board has agreed to roll the terms of the investment management agreement with Sniper Capital, with effect (retrospectively) from 1 January 2023. Accordingly, a management fee of $100,000 per calendar month for the calendar year 2023 will continue to be payable. Realisation […]
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01 Jul 2022 1 min read
Templeton Emerging Markets reduces management fee
Templeton Emerging Markets reduces management fee – Templeton Emerging Markets (TEM) has confirmed that its management fee arrangements with Franklin Templeton Investment Trust Management Limited will change. The current annual management fee is 1% of net assets up to £1bn and 0.80% of net assets above that level. With effect from 1 July 2022, the […]
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15 Jun 2022 2 min read
Templeton Emerging Markets takes double beating from pressure on tech and Russian conflict
Templeton Emerging Markets takes double beating from pressure on tech and Russian conflict – Templeton Emerging Markets (TEM) has posted its final results for the year to 31 March 2022. During the period its NAV total return fell by 17.3% while its share price total return fell by 21.2%. This compares with just a 6.8% […]
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25 Nov 2021 4 min read
QuotedData’s morning briefing 25 November 2021
In QuotedData’s morning briefing on 25 November 2021: Seraphim Space (SSIT) has made a new $12.5m investment into Astroscale Holdings, the market leader in satellite servicing and long-term orbital sustainability across all orbits. Astroscale closed a $109m series F round which was led by THE FUND Limited Partnership in Japan and backed by a group […]
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07 Jun 2021 6 min read
Templeton Emerging Markets comes off strong year as it seeks to tweak investment policy and action share split
Templeton Emerging Markets’s (TEM’s) annual results to 31 March 2021 saw it deliver a total NAV return of 54.5%, which was significantly ahead of the benchmark MSCI Emerging Markets index return of 42.8%. The return to shareholders over the year amounted to 59.5%. In addition to its strong exposure to China, which had such a strong 2020, […]
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07 May 2021 3 min read
QD view – how the top 10 trusts have changed
I was playing with the QuotedData data pages this week – looking at factors such as widest discounts and highest yields – then I alighted on the 10-largest funds by market cap and I have to admit that some names on that list were a surprise to me. Fortunately, I had some old data from […]
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19 Feb 2021 3 min read
QD view – Resurgent emergence
QD view – Resurgent emergence: What are the prospects for emerging markets funds as the global economy recovers from COVID-19? The place to be Quite a few commentators have been picking emerging markets as the place to be in 2021. Part of the argument is that many of them (particularly in parts of Asia) coped […]
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05 Jun 2020 1 min read
Templeton Emerging Markets announces modest fee change
Templeton Emerging Markets (TEM) has announced that, following a review, the management fee arrangements with Franklin Templeton are changing and shareholders will benefit from a modest fee reduction. The current annual management fee is 1% of net assets up to £1 billion and 0.85% of net assets above that level. With effect from 1 July 2020, the fee […]
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29 May 2020 2 min read
QuotedData’s morning briefing 29 May 2020
In QuotedData’s morning briefing 29 May 2020: The balance between re-opening economies around the world and minimising new cases of covid-19 is delicate. South Korea has closed schools, just a day after re-opening, after recording its highest total of new cases in two-months, yesterday. Templeton Emerging (TEM) has received a tax windfall from HMRC. £26.5m or […]
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25 Nov 2019 2 min read
QuotedData’s other news 25 November 2019
In QuotedData’s other news 25 November 2019 – Templeton Emerging Markets (TEM) reported half-year results to 30 September 2019 with NAV and the shares increasing by +6.3% +4.4% in total return terms, respectively. This compared with +2.2% from the MSCI Emerging Markets Index. Chairman, Paul Manduca, noted: “Given the current political background, equity markets are likely […]
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05 Jun 2019 1 min read
QuotedData’s other news 5 June 2019
In QuotedData’s other news 5 June 2019: RDI REIT has refinanced its London Serviced Office portfolio with a new GBP75.0 million financing facility provided by Aberdeen Standard Investments for a seven-year term. To be used to refinance two existing facilities maturing in December 2019 and August 2022 Value & Income NAV return for year ended 31 March […]
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03 May 2019 1 min read
Templeton Emerging offers performance triggered tender
Templeton Emerging offers performance triggered tender – Templeton Emerging Markets’s board has been consulting shareholders in advance of its continuation vote (scheduled for the AGM in July 2019). In response to the shareholder feedback received, the board has decided that, subject to the passing of the continuation resolution, it will introduce a five-year performance-related conditional tender […]
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23 Jul 2018 1 min read
Templeton Emerging adds another manager to team
Templeton Emerging adds another manager to team – Templeton Emerging Markets Investment Trust has announced that Andrew Ness will be named as a portfolio manager of TEMIT with effect from 17 September, 2018. He will work closely alongside TEMIT’s lead portfolio manager Chetan Sehgal, who continues to serve as director of portfolio management for Global Emerging Markets […]
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26 Feb 2018 1 min read
Investment Trust Insider on key manager risk
James Carthew: ouch! Watch out for key manager risk Events of the past couple of weeks have highlighted the impact that the departure of a manager can have on the rating of a trust. First, we heard that Carlos Hardenberg is to leave Franklin Templeton and then Philip Rodrigs was ousted from River & Mercantile. […]
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08 Feb 2018 1 min read
Franklin Templeton unveils new EM management line-up as Hardenberg departs
James Carthew of QuotedData provides comment to Mike Sheen of Investment Week on new EM management line-up at Franklin Templeton. Manraj Sekhon appointment as CIO of emerging markets equity coincides with a raft of changes in the asset class’s senior leadership team, which will be organised by strategy type, with directors overseeing global emerging markets, […]
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01 Feb 2018 1 min read
Templeton loses Carlos Hardenberg
Templeton loses Carlos Hardenberg – Templeton Emerging Markets Investment Trust says that, with immediate effect, Mr. Chetan Sehgal, senior managing director, director of portfolio management overseeing the global emerging markets strategy at Franklin Templeton, has been appointed lead portfolio manager of Templeton Emerging Markets. They say that he will be further supported by an experienced […]
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08 Jun 2017 6 min read
Templeton Emerging Markets shareholders make 48% in a year
Templeton Emerging Markets shareholders make 48% in a year. Templeton Emerging Markets (TEMIT) generated a return of 47.8% on net asset value over the year to the end of March 2017. Shareholders did even better as the discount narrowed slightly leaving them with a return of 48.3%. By contrast, the MSCI Emerging Markets Index returned […]
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21 Nov 2016 2 min read
Templeton beats benchmark by 8%
Over the six months to the end of September 2016 Templeton Emerging Markets returned 29.6% in NAV terms, well ahead of the 21.7% return posted by its benchmark, the MSCI Emerging Markets Index. The largest contributions to performance came from Buenaventura, ADR (up 108.4%, added 2.0% to NAV), Banco Bradesco, ADR (up 49.8%, added 0.7% to NAV), M. Dias Branco (up 143.1%, added 0.7% […]
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08 Jun 2016 3 min read
Templeton Emerging performance improves under new manager
Templeton Emerging Markets has published its results for the year ended 31 March 2016. TEMIT’s benchmark index declined by 8.8%. Unfortunately, the NAV suffered a much worse decline of 17.1% and the return to shareholders was -17.0% (all figures on a total return basis). Without the gains from share buy backs, the relative performance would have been rather worse. The […]
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20 Nov 2015 2 min read
Templeton Emerging suffers in EM sell-off
Templeton Emerging Markets has published results covering the six month period that ended on 30 September 2015. emerging markets had a tough time during this period, selling-off sharply and underperforming developed markets by 9.1% (comparing the two relevant MSCI Indices). Over the six months the fund generated a negative total return on net assets and underperformed […]
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20 Jul 2015 1 min read
Investment trusts see largest ever new issue
QuotedData reports that the investment trust sector expanded by about GBP2.4 billion over the second quarter of 2015, taking in close to GBP2.9 billion and handing back just over GBP450 million. The firm comments that many of the funds raising money are not designed to throw off high levels of income, suggesting that investors are […]
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13 Jul 2015 2 min read
Templeton Emerging Markets appoints new lead manager
Templeton Emerging Markets Investment Trust has announced that, with effect from 1 October 2015 and subject to regulatory approvals, Carlos Hardenberg, senior vice president and managing director, Templeton Emerging Markets Group will be named lead portfolio manager of TEMIT working alongside Mark Mobius, who remains as a portfolio manager on the fund. Carlos will relocate to London. […]
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15 Jun 2015 1 min read
Templeton hurt by resources exposure
Templeton Emerging Markets lagged its benchmark index, The MSCI Emerging Index, by 3.6% over the year to the end of March 2015, returning 9.6% against 13.2% for the benchmark. In addition the discount widened from 10.9% to 13.3% leaving shareholders with a return of 6.9%. The dividend was increased from 7.25p to 8.25p. The manager’s report […]
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21 Nov 2014 2 min read
Good stock selection helps Templeton outperform
TEM : Good stock selection helps Templeton outperform Templeton Emerging Markets interim figures for the six months ended 30 September came in ahead of its benchmark. The fund delivered a net asset value total return of 8.2% while the MSCI Emerging markets Index returned 6.1%. Shareholders did even better as the discount narrowed so that the share […]
Upcoming Events
In The Press
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29 May 2024 1 min read
Will ‘activist investors’ turn these trusts around?
by Dave Baxter, Investors’ Chronicle, May 29, 2024: When Elliott Investment Management cut its stake in Scottish Mortgage (SMT) below 5 per cent earlier this month, it’s likely to have prompted a sigh of relief from the trust’s board.. The case for activists Activists are not always a helpful presence for other shareholders given that […]
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27 Feb 2024 1 min read
TEMIT vs JPMorgan: Which emerging market trust is best?
By Jean-Baptiste Andrieux, Reporter, Trustnet, 27 February 2024: Investing in emerging markets offers an exposure to rapidly growing economies, which should hopefully translate into returns for investors. This has been true over the very long term but the performance of emerging markets in the past 10 years has been uninspiring, trailing far behind developed markets. […]
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20 Dec 2022 1 min read
As Terry Smith’s emerging market trust closes, where should investors turn?
Jennifer Hill from interactive investor, 20 December 2022: We asked financial advisers, fund analysts and wealth managers to share 10 emerging market fund and investment trust ideas for shareholders in Fundsmith Emerging Equities Trust who are looking for a new home for their capital. Shareholders in Fundsmith Emerging Markets Trust (FEET) overwhelmingly gave their blessing […]
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03 Oct 2022 1 min read
Terry Smith is dubbed Britain’s Warren Buffett but as even he winds up his trust… should YOU steer clear of emerging markets too or is it time to buy?
By ROSIE MURRAY-WEST, FINANCIAL MAIL ON SUNDAY, 2 October 2022: Making money from emerging markets is not easy. Even veteran investor Terry Smith, hailed as Britain’s Warren Buffett, has announced he is winding up his fund that operates in the region, because it has ‘underperformed expectations’… But these fund disappointments do not mean that emerging […]
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17 May 2021 1 min read
There is more to emerging markets than China
DIY Investor, 6 May 2021 James Carthew, head of investment trusts, QuotedData Markets are trying to get to grips with the long term effects of COVID-19 on the global economy, but the prognosis is hard to call. That has led to some volatility this year, which may be a feature of markets for a while […]
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16 Feb 2021 2 min read
Emerging markets are already on the road to recovery
Don’t wait for the UK to bounce back – emerging markets are already on the road to recovery: There’s a world of ways to revive your investments By ROSIE MURRAY-WEST, FINANCIAL MAIL ON SUNDAY PUBLISHED: 21:52, 13 February 2021 | UPDATED: 10:08, 14 February 2021 Talk of a bounce back from the economic devastation wreaked by Covid-19 may feel a […]
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02 Jun 2020 2 min read
Investment trust insider on emerging markets
Investment trust insider on emerging markets – James Carthew: there’s value in emerging markets as investors rush to take cover In uncertain times, it makes sense that investors turn to sectors with defensive earnings, such as utilities and infrastructure. Ecofin Global Utilities and Infrastructure (EGL), which I hold, is trading at asset value and issuing shares. […]