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Franklin Templeton Creates Investment Institute

A number of large banks around the world have created research groups and institutes of various kinds to promote their ideas and thought leadership in recent years.
Franklin
Templeton, part of US-listed Franklin Resources, has launched
its Investment Institute, to be led by Stephen Dover, the firm’s
head of equities. He has been named chief market strategist and
the Institute’s head.
Terrence Murphy, chief executive of ClearBridge Investments, will
take on an expanded leadership role as head of equities for
Franklin Templeton. (ClearBridge is an autonomous specialist
investment organization within Franklin Templeton.)
Firms such as Barings, Credit Suisse, UBS and JP Morgan, to name
a few, have created research groups and institutes of various
kinds to promote their ideas and thought leadership in recent
years.
“With these appointments and the launch of the Investment
Institute, we are doubling down on what sets our firm apart -
unmatched insight and research from experts on the ground in over
70 offices around the globe,” Jenny Johnson, president and CEO of
Franklin Templeton, said.
Dover and Murphy, who start their new roles on 1 February, will
both report to Johnson.
“The ultimate mission of the Investment Institute is to provide
research and data-driven insights for our clients to help them
navigate the financial markets, armed with the power of our
diverse investment expertise,” Dover said.
Murphy will oversee Franklin Equity, Franklin Mutual Series,
Templeton Global Equity and Edinburgh Partners, Franklin
Templeton Emerging Markets Equity, and the Local Asset Management
Developed Markets Equity teams, which collectively include over
250 investment professionals. This expanded role for Murphy does
not change his role as CEO of ClearBridge.