Asset Manager Franklin Templeton has announced a new operating structure for its distribution team in Australia.
Franklin Templeton has made three appointments following the formation of dedicated groups to specifically focus on and service the Institutional, Financial Institutions and Family Office/IFA client segments, reporting into Head of Distribution, Jim McKay, who was appointed in August 2016.
Franklin Templeton Australia manages over AUS$20 billion on behalf of Australian clients as well as AUS$8 billion for Asian and Middle Eastern clients.
Charles Levinge will lead Franklin Templeton’s Institutional segment including the servicing of corporate and public superannuation funds, insurers and governments. Levinge has a long track record of building and fostering relationships with the firm’s Australian institutional client base. He has been with the firm for nine years.
Louise Thompson (pictured left), previously responsible for Franklin Templeton’s retail business in the Northern region has taken on an expanded role and will lead the firm’s Financial Institutions segment, with a particular focus on servicing the major banks and funds management companies. She has been with Franklin Templeton for 11 years.
Stuart Devlin, previously responsible for Franklin Templeton’s retail business in the Southern region, will lead the IFA and Family Office segment. Devlin joined the firm over four years ago.
In addition, Jenine Hayman, (pictured left) previously a Business Development Manager, will assume responsibility for managing Franklin Templeton’s relationships with the retail research groups.