Franklin Templeton Investments, banking on Sandeep Singh's more than 14 years of experience in the asset management industry, has appointed the recently relocated veteran as Country Head of Franklin Templeton Asset Management (Malaysia).
Reporting to Franklin Templeton’s regional head for Southeast Asia Stephen Grundlingh, Singh will oversee the company’s business in Malaysia and head the building of a local investment management team. Also part of the new Country Head’s role is securing investment mandates from local asset managers, government organisations, insurance companies, and state enterprises.
Singapore-based Grundlingh commented, "Malaysia will become a key contributor to our business in Southeast Asia. We are fortunate to have an industry veteran of Sandeep Singh’s calibre and experience to lead this initiative. His proven track record of working in a start-up environment and his long-standing relationships with groups across the Franklin Templeton organisation - from sales and operations to investment management - will be of enormous benefit in building our business in Malaysia."
Singh, formerly with Franklin Templeton's Mumbai office, said, "Malaysia is well positioned to weather the global economic downturn as the government has been very responsive, having unveiled a large economic stimulus plan to maintain the country’s position as one of Southeast Asia's leading economies. We are very encouraged by the Malaysian government’s strong commitment to develop its asset management industry as well as the sophisticated and progressive regulatory and legal environment it has established in the financial sector."
Established as a foreign fund management company, Franklin Templeton Asset Management (Malaysia) was awarded a Capital Markets Services Licence by the Malaysian Securities Commission under the Malaysian Special Scheme. At present Franklin Templeton manages feeder funds for retail clients, global and Asian equity as well as global balanced and global fixed income portfolios for Malaysian institutions.
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