Franklin Templeton has launched a range of private markets model portfolios to help give financial advisers access to a broader range of private market investments.
The firm said the model portfolios were developed in collaboration with Corastone, a digital infrastructure platform and permissioned blockchain network designed to streamline, automate, and scale private market investments.
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Through the model portfolios, clients gain direct exposure to underlying private market funds rather than accessing them through pooled fund-of-funds structures.
“This launch reflects the evolution of private markets in client portfolios and the need for structures that allow advisors to implement those allocations efficiently,” said George Stephan, chief operating officer, global wealth management, private markets at Franklin Templeton.
“By supporting a single-ticket, SMA-style structure, these model portfolios are designed to help reduce operational complexity and improve scalability, while enabling advisors to implement diversified private market exposure within a professionally managed portfolio framework.”
