Industry News
The firm recently hired a head of investments and senior director of client consulting as part of the next phase of growth following a management buyout.
The investment advisory firm, which serves foundation and endowment clients, has agreed to acquire a New England-based advisor with $1.5 billion in assets.
While there has not been any increase in the representation of female portfolio managers at asset management firms, some female-led portfolios saw significant institutional inflows during 2022.
The senior v.p. joined in 2020 to bring fixed-income expertise to the firm.
The firm hired a head of institutional equities within its equity capital markets group to oversee research, sales and trading, corporate access and corporate services.
The firm added a six-person team based in Los Angeles to provide portfolio management, retirement planning, investment consulting and other wealth management services to nonprofits and private family foundations, among other clients.
The foundation is searching for a director of private investments as its associate director for private investments left in late 2022 to join the investment management company of a Southern university.
The university is searching for a director of investments to oversee its endowment and be based on the West Coast to help enhance and extend the investment team’s current network in the region.
The institution will soon conduct a search for its next treasurer and cio to oversee its cash, debt and investments after its previous treasurer and investment head left in late 2022 to pursue another opportunity.
The duo will build, grow and manage Franklin Templeton’s partnerships with both existing and prospective institutional clients.