Franklin Templeton has announced that effective March 31, 2023, Manraj Sekhon will assume the role of CIO of Templeton Global Equity (TGEI), leading both Templeton Global Equity Group (TGEG) and Franklin Templeton Emerging Markets Equity (FT EME), following the departure of Alan Bartlett, CIO of TGEG, who will be leaving the firm to move on to the next phase of his career.
As announced in early 2022, Manraj Sekhon was named head of Templeton Global Equity Investments (TGEI), which combined the businesses of Franklin Templeton Emerging Markets Equity (FT EME) and Templeton Global Equity Group (TGEG) under a single umbrella, while retaining the integrity of their respective investment philosophies and processes and continuing to share best practices.
“Sekhon is a seasoned investor and investment executive, who has been leading FT EME for the past five years, since joining as its CIO in 2018. He has more than 25 years of experience researching and investing in global and international markets and managing investment teams and processes,” the firm said.
In his expanded role, Sekhon will have CIO responsibilities for both groups and will be supported by the respective Management Committees of FT EME and TGEG, which have representation from senior investment and business leaders, who manage day-to-day investment and business development activities and work jointly to set the strategic direction of the two teams.
“We expect this change to be seamless for our clients, as day-to-day investment decision making for both teams remains unchanged. Bartlett is not a named portfolio manager for any TGEG strategies or portfolios,” the press release added.
Franklin Templeton Emerging Markets Equity consists of over 70 investment professionals across 13 offices globally, and manages USD 30 billion in global, regional, single-country, small cap, frontier and specialty strategies as of November 30, 2022.
Templeton Global Equity Group consists of 38 portfolio managers and analysts located across seven offices globally, and manages USD 36 billion in Opportunities, Select, Sustainability, Balanced, Leaders, Asia Pacific, Europe, and Small Cap strategies as of November 30, 2022.