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SGSS in Italy madated by Franklin Templeton Strategic Allocation Funds

Societe Generale Securities Services in Italy (SGSS S.p.A.) has been appointed by Franklin Templeton Strategic Allocation Funds to act as its Italian paying agent.

SGSS S.p.A. was retained for its recognised expertise and ability to provide personalised services tailored to the specific needs of its clients, alongside a wide network of placing agents. One of the first securities industry players to adopt the new international ISO 20022 standard* in Italy, SGSS S.p.A.’s state-of-the-art technology platform guarantees the secure migration of portfolios, continuous distribution monitoring and automated trade flow.

SGSS in Italy offers a complete range of securities services, including settlement, custody and trustee services, fund administration, liquidity management and transfer agent services.

Franklin Templeton Strategic Allocation Funds is a range of Luxembourg-registered SICAV funds distributed in Italy by Franklin Templeton Investments, a global investment manager headquartered in San Mateo, California. Franklin Templeton Investments offers investment solutions and services to clients in over 150 countries and, as of 30 November 2013, the group has over $870 billion of assets under management.

* ISO 20022 is a financial messaging standard that covers the entire financial industry and provides a common understanding and interpretation of information.