Franklin Templeton Investments has appointed former Goldman Sachs Asset Management executive Subash Pillai to head the investment solutions team in Asia.
Franklin Templeton Investments announced in a statement that Mr Pillai’s new role would see him work with sales and portfolio management teams to develop investment solutions to achieve client-specific outcomes.
“He will partner with distribution channels across the firm, leveraging insights from Franklin Templeton’s various investment management groups to create diversified outcome-oriented portfolios focused on risk-adjusted performance and tailored to client needs,” the statement said.
He joined the firm on 23 May and is based in the company’s Singapore office, where he will report to California-based executive vice president and head of client investment solutions Wylie Tollette.
Prior to joining Franklin Templeton Investments, Mr Pillai spent nearly two decades at Goldman Sachs where he was responsible for the firm’s fixed income and multi-asset business as well as its global liquidity business in Asia Pacific.
He also headed macroeconomic analysis for Australia and New Zealand and was a client portfolio manager, working with a range of clients across Asia.
Franklin Templeton chief investment officer of multi-asset solutions Ed Perks commented: “I am delighted Subash … [has] joined us to provide their advanced expertise and insights.
“The expansion and buildout of Franklin Templeton’s solutions platform remains a key strategic initiative for our business and these new roles within FTMAS underscore our commitment to superior client servicing.”
Mr Tollette added: “Subash … [is a] strong asset to the team, with valuable Asia-based experience across asset allocation and investments.
“We look forward to leveraging [his] expertise as our business continues to expand across this dynamic and fast-growing region.”
MLC Life Insurance has appointed Sean McCormack as the chief of its newly created life insurance division in a move it hopes will better mee...