Franklin Templeton expands EM equity team
Franklin Templeton Investments has appointed Andrew Ness as portfolio manager of Franklin Templeton Emerging Markets Equity (FTEME), effective 17 September 2018.
Ness will part of the Global Emerging Markets (GEM) investment team and will be a portfolio manager for the London Stock Exchange-listed Templeton Emerging Markets Investment Trust (TEMIT), working alongside TEMIT lead portfolio manager Chetan Sehgal, who continues to serve as director of portfolio management for GEM and Small Cap strategies for FTEME. Ness will be named as a portfolio manager of additional global emerging markets strategies, over time.
Based in Edinburgh, he will report to Manraj Sekhon, CIO for FTEME. Ness brings over two decades of experience as an emerging markets equity portfolio manager and joins the firm from Martin Currie, where he was a senior member of its global emerging markets equity team. Previously, he held similar roles for Scottish Widows Investment Partnership (SWIP) and Deutsche Asset Management, having begun his investment career at Murray Johnstone in 1994. He has an MSc in business economics from the University of Strathclyde.