European winners amidst the carnage

Europe's largest and third largest fund companies, JP Morgan and BlackRock, retained their positions in 2011 mostly due to their US dollar and British pound money market businesses, according to the report. However, for 2011 as a whole, Franklin Templeton still looks like the big winner among Europe's largest fund families with organic growth of more than 14%. But momentum slowed going into 2012, as the twin engines of Franklin's European growth—Templeton Global Bond and Templeton Global Total Return—sputtered in December and for the fourth quarter as a whole. European investors too...