liquidation of Templetons Emerging Market Fund is incorrect.
While there is some truth to the rumours circulating about liquidation of Templetons Emerging Market Fund, the reality is that a very small Asian Growth Fund (registeered in US market) with net assets of only US$10mn is being liquidated. (For details refer to link number 1). This fund has almost zero exposure to Pakistan market.
The other Asian Growth Fund (registered in Luxemburg) with net assets of US$11.67bn is not being liquidated. This fund has highest exposure in Pakistan Market. (refer to link number 2)