Skip to contentHome page Seeking Alpha - Power to InvestorsDec. 25, 2025 6:25 AM ETTempleton Foreign Fund Class Advisor (TFFAX), TEMFX, TSMWF Stock, TEFTX, TEFRXFranklin Templeton4.62K FollowersCommentsSummaryGlobal equity markets collectively advanced through the third quarter of 2025 as tariff anxieties gradually eased, central banks adopted a more accommodative policy stance, and leadership among technology-related stocks persisted.Stock selection in the financials, consumer discretionary and communication services sectors contributed to relative performance for the quarter, as did an overweight in the consumer discretionary sector.Stock selection and an overweight in non-eurozone/non-UK Europe detracted from relative results.The key question for US and global equities is whether the market broadens beyond the current AI-focused leadership.In Europe, we believe the combination of policy support, structural investment and attractive valuations underpin a constructive outlook.loveguli/E+ via Getty ImagesKey TakeawaysMarkets: Global equity markets collectively advanced through the third quarter of 2025 as tariff anxieties gradually eased, central banks adopted a more accommodative policy stance, and leadership among technology-related stocks persisted.Detractors: The fund (AdvisorThis article was written byFranklin Templeton4.62K FollowersFranklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,300 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and over $1.4 trillion in assets under management as of June 30, 2023. For more information, please visit franklintempleton.com and follow us on LinkedIn, Twitter and Facebook.CommentsTo ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.Is this happening to you frequently? Please report it on our feedback forum.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.