Franklin Templeton Australia has announced a new senior distribution leadership team following the international investment manager’s acquisition of Legg Mason.
The new Franklin Templeton Australia distribution leadership team will be headed up Felicity Walsh, who expands her role as head of sales to lead both the institutional and retail sales teams, and will comprise Amy Teh, who continues in her role as head of investments and consultants; Louise Farmakis, who continues in her role as head of client service; John Besley, who will take up the new role of head of product after serving as head of product and client operations at Legg Mason; Felicity Nicholson, formerly of Legg Mason, who continues in her role as head of marketing; and Serg Premier, who continues in his role as managing director of ifsinvest.
“I am excited by the opportunities ahead, and firmly believe we have a strong foundation from which we can drive further success for our valued clients,” said Australia and New Zealand managing director Matthew Harrison.
“We remain focused on delivering better client outcomes by providing a truly diverse suite of high calibre active investment capabilities, global connections and local insights with a focus on innovation.”
Franklin Templeton said that challenges posed by the external environment meant it was “crucial to adapt and transform” and that the new leadership structure is an integral part of its “next phase of growth.”
“We must respond quickly and innovatively to the changing demands of our clients and of the industry,” Mr Harrison said.
“With this new team in place we are well positioned to meet these demands, backed by an unmatched collection of world-class specialised investment managers, with expertise across asset classes, investment vehicles and geographies.”
Franklin Templeton has also made Australia a “priority market” alongside the UK and Japan.
“Australia has always been an essential market for Franklin Templeton – not just due to its size, but as a market that is mature and transparent, it provides fertile ground for learning and improvement, with lessons that can be shared globally, particularly around our world-class retirement system,” Mr Harrison said.