Templeton Global Total Return Class W - Income (GBP)

Michael Hasenstab, Ph.D., is senior vice president, co-director and portfolio manager for the international bond department of the Franklin Templeton Fixed Income Group. He co-directs all investment strategies within the International Fixed Income Group and co-manages the portfolio management team. In addition, he is a member of the Fixed Income Policy Committee and Global Investment Forum and is a portfolio manager for numerous Franklin Templeton funds, including Templeton Global Bond Fund and Templeton International Bond Fund. Dr. Hasenstab initially joined Franklin Templeton Investments in July of 1995. After a leave of absence to obtain his Doctor of Philosophy (Ph.D.) degree, he rejoined the company in April of 2001. He specializes in global macroeconomic analysis with a focus on currency, interest rate, and sovereign credit analysis of developed and emerging market countries. Dr. Hasenstab has worked and traveled extensively in Asia, published research on China's financial market, and consulted global companies on Asia Pacific investments and strategy. Dr. Hasenstab holds a Ph.D. in economics from the Asia Pacific School of Economics and Management at Australian National University, a master's degree in economics of development from the Australian National University and a Bachelor of Arts degree in international relations/political economy from Carleton College in the United States.