Franklin Templeton Investment Trust Management Co., Ltd. (Seoul)

Name: Franklin Templeton Investment Trust Management Co., Ltd.
Address: 3 Rd Floor, Ccmm Building, 101 Yeouigongwon Ro, Seoul, 07241
Telephone: (011) 82-2-3774-0600

Franklin Templeton Investment Trust Management Co., Ltd. is a large advisory firm based in Seoul. It manages $5.38 billion of regulatory assets for 128 client accounts. It has been registered with the SEC as an adviser since 2010.

Franklin Templeton Investment Trust Management Co. provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Franklin Templeton Investment Trust Management Co.: assets under management

The assets under management (AUM) of Franklin Templeton Investment Trust Management Co., Ltd. is $5.38 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and $5.38 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $5.38 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $42.06 million each.

Investments

The firm invests in exchange traded securities the most. They account for 52% of the total AUM. The second-largest asset type is sovereign bonds, which make up 16% of the firm’s portfolio. Investments in government bonds form 10% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Franklin Templeton Investment Trust Management Co., Ltd. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Andrew Ashton serves?

The firm provides services to insurance companies, investment companies, pooled investment vehicles, corporations or other businesses, and sovereign wealth funds and foreign official institutions. The largest group of clients of Andrew Ashton is sovereign wealth funds and foreign official institutions with 5 clients and $3.13 billion of assets under management. Among the 8 most similar advisory firms, Franklin Templeton Investment Trust Management Co. has the highest percentage of sovereign wealth funds and foreign official institutions out of all clients.

The amount of regulatory assets under management is $5.34 billion for 127 clients. 99% of the firm’s clients are foreign persons or businesses.

Franklin Templeton Investment Trust Management Co. doesn't advise any private funds.

Careers at Franklin Templeton Investment Trust Management Co., Ltd.

The company employs 49 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Andrew Ashton has been acting as President since 1 Oct 2006. Franklin Templeton Capital Holdings Private Limited joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc Templeton Investment Counsel	Corp. parent of registrant: 51%	1 Jan 1997	50% - 75%	111370
Murray Lawrence Simpson	External director	1 Jan 1997	Other	424876
Templeton Asset Management (Labuan) Limited	Corp. parent of registrant: 49%	1 Jul 2000	25% - 50%	foreign
Dong Il Kim	Chief investment officer - fixed income	1 May 2002	Other	5845837
Sung Sik Oh	Chief investment officer - equity	1 Jul 2002	Other	5845838
Sung Sik N/A Oh	Chief investment officer - equity	1 Jul 2002	Other	5845838
Mark Banks Browning	Non-standing director	1 Apr 2005	Other	4439564
Andrew Ashton	Director	1 Oct 2006	Other	5845839
Ki Hyun Shin	Compliance officer	1 Jul 2009	Other	5845840
Yb Jeon	President, chief executive officer and representative director	1 Jul 2010	Other	4064003
Yong Bae N/A Jeon	President, chief executive officer and representative director	1 Jul 2010	Other	4064003
Young Kwon Cho	External director	1 Jun 2011	Other	5973230
Jong Hag Choi	External director	1 Jun 2011	Other	5973229
Stephen Harold Dover	Non-standing director	1 Sep 2011	Other	1473436
Seung Ho Cho	External director	1 Jun 2013	Other	6234234
Seh Kuan Lim	Non-standing director	1 Sep 2013	Other	6234047
Seh Kuan N/A Lim	Non-standing director	1 Sep 2013	Other	6234047
Yong Rim Choi	Compliance officer	1 Jul 2015	Other	6559081
Yong Rim N/A Choi	Compliance officer	1 Jul 2015	Other	6559081
Franklin Templeton Capital Holdings Private Limited	Shareholder	1 Dec 2017	75% - 100%	111111112

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Templeton Worldwide	Parent corporation of tii and templeton investment counsel, llc	1 Mar 1995	75% - 100%	94-3167260
Inc. Franklin Resources	Parent corporation of twi	1 Jan 1997	75% - 100%	13-2670991
Franklin Templeton Asia Holdings Private Limited	Parent corporation of taml labuan	1 Jun 2011	75% - 100%	111111111
Franklin Templeton Capital Holdings Private Limited	Parent corporation of ftah	1 Jun 2011	75% - 100%	111111112
Inc. Templeton International	Parent corporation of ftch	1 Jun 2011	75% - 100%	111111113

Based in Seoul

The principal office where Franklin Templeton Investment Trust Management Co., Ltd. performs its advisory services is located at 3 Rd Floor, Ccmm Building, 101 Yeouigongwon Ro, Seoul, 07241, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number (011) 82-2-3774-0600 or by fax (011) 82-2-780-8683. The normal business hours are 9:00am - 6:00pm on Monday - Friday. You can find more information about the New York firm at franklintempleton.com.