REG - Franklin Global Tst - Investment management arrangements

Franklin Global TrustAnnouncement

22/05/2025 10:30

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RNS Number : 7927J  Franklin Global Trust PLC  22 May 2025

Franklin Global Trust plc

(the "Company")

Legal Entity Identifier: 549300RKB85NFVSTBM94

 

Investment management arrangements

 

 

The Board of the Company is pleased to announce some changes to the Company's
investment management arrangements following the recent announcement by
Franklin Templeton that the Martin Currie brand will retire in 2025.
Effective 12 July 2025, Zehrid Osmani and the Global Long-Term Unconstrained
("GLTU") team will move from Martin Currie Investment Management Limited
("MCIM") to Franklin Templeton Investment Management Limited ("FTIML"), and
subject to FCA consent, investment management will be delegated to both FTIML
and Franklin Advisers, Inc. rather than to MCIM.

 

As a result, California-based Jonathan Curtis, Chief Investment Officer of
Franklin Equity Group ("FEG"), will on that date join as co-portfolio manager
of the Company alongside the current portfolio manager, Zehrid Osmani.  In
the meantime, effective immediately, Jonathan will work closely with Zehrid
and his team to ensure a smooth transition of the GLTU team under FEG.

 

Christopher Metcalfe, Chairman: 'The Board is looking forward to Jonathan and
his team joining Zehrid Osmani in the management of the portfolio.  As
previously stated, we believe the significant research resources that FEG
offer can enhance shareholder returns'.

 

Jonathan has over 30 years of experience in the industry. In his role as
executive vice president and CIO of FEG he has oversight of investment teams
who manage equity and convertibles strategies, along with FEG's research and
venture capital teams. Headquartered in the middle of the Silicon Valley, FEG
offers in-depth expertise in managing global, U.S. and sector-specific
strategies across the style and capitalisation spectrum.  The team has more
than $130 billion in assets under management as of 31 December 2024 and over
60 investment professionals.

 

 

 

For further information, please contact: ftcosec@franklintempleton.com
(mailto:ftcosec@franklintempleton.com)

 

 

The information contained in this announcement is restricted and is not for
publication, release or distribution in the United States of America, any
member state of the European Economic Area, Canada, Australia, Japan or the
Republic of South Africa.

 

 

 

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