What Went Wrong With Franklin Templeton Mutual Fund
Franklin Templeton Mutual Fund faced a liquidity crisis in 2020 due to a combination of factors. The fund’s investments in high-yield bonds and illiquid assets led to a lack of liquidity amidst the pandemic-induced market volatility. The fund suspended redemptions, causing investors to panic and withdraw their funds. This further exacerbated the liquidity crunch, leading … Read more