Franklin Templeton is promoting Dr. Sonal Desai to CIO of its fixed income group (FTFIG) and executive vice president from 31 December, replacing Chris Molumphy who retires after more than 30 years with the firm.
Currently serving as senior vice president and director of research for Templeton Global Macro (TGM), Desai will be responsible for overseeing Franklin Templeton's traditional fixed income offerings. Neuberger Berman raids BNP Paribas fixed income talent She will have oversight of the teams and fixed income strategies across corporate credit, emerging markets debt, bank loans, global aggregate, securitised, money market, multi-sector, municipal and local. As of 30 June, FTFIG employed 159 investment professionals globally and managed a total of $157bn in AUM. Since joining Franklin...
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