Following the appointment of Stephen Dover at chief investment officer last April, several changes will take place to evolve the fund range while recognising “the next generation of leaders”.
Franklin Templeton said the “time-tested” philosophy and disciplined approach of the team would remain intact.
The move follows Mobius handing lead portfolio manager duties to Carlos Hardenberg’s on the Templeton Emerging Markets Investment Trust (TEMIT) in the summer of 2015.
He will continue as lead manager on Templeton Asean fund as well as other mandates across the regions.
In a statement, the group said: “[Mobius will] continue to be involved in our investment process, participating in our research efforts and company visits, sharing investment ideas and advising the team on our investment process, and engaging with clients/media to share his insights.”
The group added that succession planning was “inherent” to how its investment teams were managed.
The changes to portfolio management will take place in two stages, effective from 3 April and 31 May respectively.
|
Fund name |
Current PM team |
New PM team Effective 3 April |
|
Templeton Africa Fund |
Mark Mobius |
Carlos Hardenberg |
|
Templeton ASEAN Fund |
Mark Mobius (Co-Lead) Dennis Lim (Co-Lead) |
Mark Mobius |
|
Templeton Asian Growth Fund |
Allan Lam (Co-Lead) Mark Mobius (Co-Lead) |
Allan Lam (Lead) Eric Mok |
|
Templeton Asian Smaller Companies Fund |
Mark Mobius |
Chetan Sehgal |
|
Templeton China Fund |
Eddie Chow (Co-Lead) Mark Mobius (Co-Lead) |
Eddie Chow |
|
Templeton Emerging Markets Smaller Companies Fund |
Mark Mobius (Lead) Dennis Lim Tom Wu |
Chetan Sehgal |
|
Templeton Shariah Asian Growth Fund |
Allan Lam (Co-Lead) Mark Mobius (Co-Lead) |
Allan Lam (Lead) Erik Mok |
|
Fund name |
Current PM team |
New PM team Effective 31 May |
|
Templeton BRIC Fund |
Dennis Lim (Co-Lead) Mark Mobius (Co-Lead) |
Chetan Sehgal (Co-Lead) Carlos Hardenberg (Co-Lead) |
|
Templeton Eastern Europe Fund |
Grzegorz Konieczny (Co-Lead) Mark Mobius (Co-Lead) |
Grzegorz Konieczny |
|
Templeton Emerging Markets Balanced Fund |
Mark Mobius (Co-Lead) Michael Hasenstab (Co-Lead) Laura Burakreis |
Chetan Sehgal (Co-Lead) Michael Hasenstab (Co-Lead) Laura Burakreis Carlos Hardenberg |
|
Templeton Emerging Markets Fund |
Mark Mobius (Lead) Dennis Lim Tom Wu |
Carlos Hardenberg (Co-Lead) Chetan Sehgal (Co-Lead) |
|
Templeton Frontier Markets Fund |
Carlos Hardenberg (Co-Lead) Mark Mobius (Co-Lead) |
Carlos Hardenberg (Lead) Ahmed Awny David Haglund |
|
Templeton Latin America Fund |
Gustavo Stenzel (Co-Lead) Mark Mobius (Co-Lead) |
Gustavo Stenzel |
