The Martin Currie brand will be retired in 2025 after 144 years as part of a wider realignment of the Franklin Templeton Group.
Martin Currie’s UK investment and sustainability teams will move to Franklin Templeton’s ClearBridge brand, while its global long term unconstrained team will move under Franklin Equity Group.
The firm’s Australia and global emerging markets teams will also fall under the Clearbridge umbrella.
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In a statement, Franklin Templeton confirmed that no changes would be made to Martin Currie’s investment process or portfolio management teams, while the move would ‘maintain investment autonomy’ and allow the brand’s products to ‘achieve greater scale’ and ‘access to broader resources’.
Martin Currie, which was founded in 1888, operated independently until its acquisition by Legg Mason in 2014. Franklin Templeton then took ownership of the brand following its acquisition of Legg Mason in 2020.
Globally, the brand’s investment teams currently manage $18bn (£14.5bn) assets.
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