Tuesday 14, June 2011 by
Franklin Templeton rebrands its MENA Investment Specialist Group
The name change from Algebra Capital to FTIMEL follows Franklin Templeton’s completion of the Algebra Capital acquisition in January 2011. Franklin Templeton had been a strategic investor in Algebra Capital since 2007, acquiring its original 25 per cent stake that year and increasing its stake to 40 per cent in 2009.
