Thursday October 29, 2020

Barry J Whyte on business

Franklin Templeton scales back on its Irish holdings

Barry J Whyte

Chief Feature Writer

@whytebarry
27th January, 2019
3
Colm Lyon, chief executive and founder of Fire Pic: Fergal Phillips

Last week, this newspaper reported on the Capital Group’s quiet sell-down of a range of Irish-listed companies’ shares over the last year. The giant, trillion-dollar Los Angeles-based mutual fund continued that trend last week with the sale of a chunk of shares in yet another company, Hibernia Reit, where it offloaded around €6.7 million worth of their stake.

But the Capital Group is not the only major US investment firm taking its...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Related Stories

The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures

Tom Maguire | 5 months ago

What’s coming up today and what you might have missed

Hannah O’Brien | 10 months ago