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LONDON - Franklin Global Trust PLC announced changes to its investment management arrangements, which will take effect on July 12, 2025. The modifications follow the decision by Franklin Templeton to retire the Martin Currie brand this year.
The company’s Global Long-Term Unconstrained (GLTU) team, led by Zehrid Osmani, will transition from Martin Currie Investment Management Limited (MCIM) to Franklin Templeton Investment Management Limited (FTIML). Additionally, subject to Financial Conduct Authority (FCA) consent, investment management responsibilities will be shared between FTIML and Franklin Advisers, Inc., moving away from MCIM’s sole delegation.
Jonathan Curtis, currently the Chief Investment Officer of Franklin Equity Group (FEG) based in California, will join Osmani as co-portfolio manager of the company. Curtis brings over three decades of experience in the investment industry and oversees teams managing equity and convertibles strategies, research, and venture capital teams at FEG. With assets under management exceeding $130 billion as of December 31, 2024, and a team of over 60 investment professionals, FEG is positioned to contribute significantly to the company’s portfolio management.
The Board expressed optimism about the new arrangement, citing the potential for enhanced shareholder returns through the combined expertise and resources of FEG. Christopher Metcalfe, Chairman of Franklin Global Trust, welcomed Jonathan Curtis and his team, emphasizing the value of FEG’s substantial research capabilities.
The transition process has already commenced, with Curtis working closely with Osmani and the GLTU team to ensure a seamless handover under the FEG umbrella.
This strategic shift in investment management is based on a press release statement issued by Franklin Global Trust PLC.
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