Franklin Templeton’ Argentina Partnership for Fixed Income


Marval, O’Farrell & Mairal advised on the deal

Franklin Templeton Investments has launched a partnership with Grupo SBS under which it will advise funds catering to Argentine investors and sold by the Buenos Aires-based fund manager.

Under the arrangement, Franklin Templeton will advise on three fixed-income mutual funds that SBS plans to relaunch, including one focused on peso-denominated debt, one focused on dollar-denominated debt, and a third focused on fixed-income assets elsewhere in Latin America.

SBS hopes to grow the assets invested in the three mutual funds to $1 billion, up from around $200 million now.

Franklin Templeton Investments Corp. is a privately owned investment manager. The firm also provides retirement and education planning to its clients. The company, led by Duane Green is based in Toronto.

SBS Asset Management Sociedad Gerente de Fondos Comunes de Inversión S.A., led by Vicente Menéndez, Marcelo Menéndez, Jorge Miteff, Marcelo Gómez Prieto, Leandro Trigo, Guillermo Pérez and Gustavo Cañonero, is based in Buenos Aires.

Marval, O’Farrell & Mairal advised SBS Asset Management Sociedad Gerente de Fondos Comunes de Inversión S.A. with a team including Gabriel Matarasso (Picture) and Ariana Iglesias.

Involved fees earner: Gabriel Matarasso – Marval, O’Farrell & Mairal; Ariana Magali Iglesias – Marval, O’Farrell & Mairal;

Law Firms: Marval, O’Farrell & Mairal;

Clients: SBS Asset Management Sociedad Gerente de Fondos Comunes de Inversión S.A.;

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Author: Ambrogio Visconti.