CONTRACTREJECTED

Templeton global bond mandate terminated by Board

City of Delray Beach logoCity of Delray Beach
Document date
Sep 16, 2020

The 30-second brief

What it covers

Citing poor performance, the Board voted to liquidate the Templeton global bond fund and reallocate the assets to Loomis Sayles. This action effectively ends Templeton’s investment mandate with the plan.

Who holds it

TEMPLETON holds this financial services contract with City of Delray Beach. Its other public contracts on record include work for Town of Winchendon and Argyle Isd.

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Contract details

Contract type
Financial Services
Document date
September 16, 2020
Vendor
TEMPLETON
Source document
city_of_delray_beach_police_officers_retirement_fu.pdf (Minutes)

TEMPLETON's other public contracts

More City of Delray Beach contracts

Questions about this contract

Who was awarded the financial services contract by City of Delray Beach?

TEMPLETON was awarded this financial services contract by City of Delray Beach, as recorded on September 16, 2020.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in city_of_delray_beach_police_officers_retirement_fu.pdf (Minutes), dated September 16, 2020 from City of Delray Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does TEMPLETON hold?

TEMPLETON may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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