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Templeton Apologises To Market Regulator Sebi, Says CEO Was Misquoted
Committed to returning investor money, says US-based Franklin Templeton Severe market dislocation main reason for move on 6 funds, it adds Last month, US-based Franklin shut six India funds citing illiquidity
08 May 2020, 12:28 PM IST 
Franklin Templeton said Ms Johnson gave a general background of the fund house's experience in India
"Working closely with the Trustees, the firm is committed to ensuring an orderly and equitable exit for all investors at the earlier possible time," Franklin Templeton said on Friday.
The statement from Franklin Templeton came a day after Sebi rebutted claims that tighter rules pushed the US-based fund house into freezing the six debt funds last month, and said the asset manager should focus on returning the $4.1 billion to inves...
