Franklin Templeton expands investment capabilities in the UK with the launch of a Putnam global equity fund

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Franklin Templeton

Shelly Durrant

+44 20 7073 8521

Launch builds on strong demand for Putnam’s US equity strategies from UK investors

London – 30 September 2026 – Franklin Templeton¹, a global investment leader, today announced the launch of the FTGF Putnam Global Research Fund², expanding UK investor access to the investment capabilities of Putnam Investments. The fund is a sub-fund of the Ireland-domiciled Franklin Templeton Global Funds plc (FTGF) range.

The launch marks the next phase of Franklin Templeton’s strategy to broaden UK client access to Putnam Investments’ capabilities, following the introduction of its flagship US equity strategies last year.

Harry Reeves, Head of UK Wholesale, Franklin Templeton, commented: “We’ve seen strong momentum for Putnam Investments in the UK, with clients responding well to its deep fundamental research and disciplined approach to stock selection. What particularly resonates is the consistency of the approach and Putnam’s philosophy of being ‘consistently good, not occasionally great’.

“The success of the US Research strategy has given us a strong base to build from, and the Global Research Fund is a natural next step, giving UK investors access to Putnam’s best ideas across global equity markets.

“This is about building on an established investment capability and using Franklin Templeton’s platform to broaden access for UK clients. We see strong potential for the strategy as investors continue to look for differentiated active approaches that can complement broader market exposure.”

The new fund builds on the strong demand for the FTGF Putnam US Research Fund³, which has raised more than $5bn⁴ since it was introduced to investors in Europe and the UK in April 2025. Over the past 12 months⁵ it has also attracted more flows than any other actively managed US large-cap UCITS mutual fund or ETF. Its underlying Putnam US Research Equity Strategy, established in 1995, has more than $9.6bn⁶ in assets under management.

Kate Lakin, Portfolio Manager, Putnam Investments, commented: “Fundamental bottom-up research is at the heart of everything we do. Our experienced team has deep-sector expertise focused on driving returns from stock selection with the goal of outperforming in a variety of market environments.

“We are excited to build upon the strength of our successful US Research strategy by including our non-US expertise in a global portfolio for European investors. The fund is designed for investors seeking global equity exposure that aims to generate excess returns through high-conviction stock selection, while controlling factor exposures to drive performance from idiosyncratic risk.”

Best-ideas global equity portfolio

The FTGF Putnam Global Research Fund will seek long-term capital appreciation through a diversified global equity portfolio built from the team’s highest-conviction stock ideas.

The fund brings together Putnam’s established fundamental research capabilities and long-standing non-US equity expertise into a single portfolio to identify differentiated investment opportunities across global equity markets. Its strategy combines deep-sector expertise with disciplined portfolio construction and integrated risk management.

The portfolio is divided into 11 investment sleeves. The sleeves are managed by portfolio managers and analysts from Putnam’s Equity Research team who are responsible for buy/sell decisions, portfolio construction and risk management of their respective areas of expertise.

Through its fundamental research, the team seeks to identify companies where earnings expectations differ materially from market consensus. The fund invests in stocks that represent the team’s highest-conviction stock ideas across sectors and geographies.

Managed with a sector- and region-neutral approach relative to the MSCI World Index, the fund is expected to hold between 150-200 stocks and maintain a significant allocation to the US while providing diversified exposure to opportunities across global equity markets.

With the flexibility to invest across both growth and value stocks, the team takes a multi-year investment horizon focused on long-term business drivers while seeking to capitalise on shorter-term market mispricing.

The fund will be co-managed by Boston-based Portfolio Managers Kate Lakin, Matt LaPlant, CFA, Vivek Gandhi, CFA and London-based David Morgan, who have an average of 27 years in the industry.

The FTGF Putnam Global Research Fund is registered for distribution in Austria, France, Germany, Italy, Luxembourg, Spain, Switzerland and the United Kingdom.

Overview of Putnam vehicles based on the US Research Equity Strategy

Vehicle name	FTGF Putnam US Research Fund	FTGF Putnam Global Research Fund
Number of holdings	90-150	150-200
Portfolio Manager	Kate Lakin, Matt LaPlant	Kate Lakin, Matt LaPlant CFA, Vivek Gandhi CFA, David Morgan
Benchmark	S&P 500	MSCI World Index
EU SFDR Category	Article 8	Article 8
ISIN	IE00B19ZB219	IE000Y37MEU7

-ENDS-

Constanze Ullmann

Franklin Templeton

Cannon Place, 78 Cannon Street

London EC4N 6HL

Tel: +44 20 7070 7438

Email: [email protected]

Shelly Durrant

Franklin Templeton

Cannon Place, 78 Cannon Street

London EC4N 6HL

Tel: +44 20 7073 8521

Email: [email protected]

Notes to Editors:

This is a marketing communication. Please refer to the prospectus of the UCITS and to the KID before making any final investment decisions.

Franklin Templeton is a trusted investment partner, delivering tailored solutions that align with clients’ strategic goals. With deep portfolio management expertise across public and private markets, we combine investment excellence with cutting-edge technology. Since our founding in 1947, we have empowered clients through strategic partnership, forward-looking insights, and continuous innovation – providing the tools and resources to navigate change and capture opportunity. With $1.83 trillion in assets under management as of 31 August 2026, Franklin Templeton operates globally in more than 35 countries.

To learn more, visit franklintempleton.com and follow us on LinkedIn.

Franklin Templeton, Inc. [NYSE: BEN]
The FTGF Putnam Global Research Fund is a sub-fund of the Irish domiciled Franklin Templeton Global Funds plc range. FTGF is an open-ended investment company with variable capital, organised as an undertaking for collective investment in transferable securities ('UCITS'). FTGF is authorised in Ireland by the Central Bank of Ireland. Information has been prepared from sources believed reliable. It is not guaranteed in any way by any Franklin Resources, Inc. company or affiliate (together 'Franklin Templeton'). Before investing you should read the application form, Prospectus and KID. The fund documents may be obtained free of charge in English, French, German, Italian and Spanish from FTGF's registered office at Riverside Two, Sir John Rogerson's Quay, Grand Canal Dock, Dublin 2, Ireland, from FTGF's administrator, BNY Mellon Fund Services (Ireland) Limited, or can be requested via FT's European Facilities Service which is available at https://www.eifs.lu/franklintempleton, or please visit www.franklintempleton.co.uk to be directed to your local Franklin Templeton website.
The sub-funds of FTGF are notified for marketing in multiple EU Member States under the UCITS Directive. FTGF can terminate such notifications for any share class and/or sub-fund at any time by using the process contained in Article 93a of the UCITS Directive.

This fund has been classified as Article 8 under the Regulation on sustainability-related disclosures in the financial services sector (EU) 2019/2088. These are Funds which have an ESG integration approach and, in addition, have binding environmental and/or social characteristics in their investment process. Further information in relation to the sustainability-related aspects of the Fund can be found at franklinresources.com/countries. Please review all of the fund's objectives and characteristics before investing.

For UK Investors: This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements.
The FTGF Putnam US Research Fund is a sub-fund of the Irish domiciled Franklin Templeton Global Funds plc range.
Source: Franklin Templeton as of 30 September 2026
Source: Morningstar, Category = “EAA Fund US Large-Cap Blend/Growth/Value” AND “Index Fund = No” sorted by “Est Fund-Level Net Flow 1 YR (Mo-End) USD” as of 8/31/26
Source: Putnam Investments as of 31 August 2026

This press release is intended to be of general interest only and does not constitute professional advice. Franklin Templeton and its management groups have exercised professional care and diligence in the collection and processing of the information in this press release. Franklin Templeton makes no representations or warranties with respect to the accuracy of this document. Franklin Templeton shall not be liable to any user of this report or to any other person or entity for the inaccuracy of information contained in this press release or for any errors or omissions in its contents, regardless of the cause of such inaccuracy, error or omission.

Any research and analysis contained in this document has been procured by Franklin Templeton for its own purposes.

Please consult your financial advisor before deciding to invest.

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