AsianInvestor 2003 Achievement Awards: Day One

Global fixed income (unhedged), one-year performance Fiduciary Trust This wholly owned subsidiary of Franklin Resources has honed its practices since it began investing in fixed income in 1963. Fiduciary's active strategy identifies arbitrage opportunities between regions. It also actively manages its currency exposure. It now manages $10 billion for Asian clients (including Japan and Australia). Fiduciary emphasizes that its research methodology to credit is not uniform but varie…