Portfolio Manager Appointment

RNS Number : 4198V

Templeton Emerging Markets IT PLC

23 July 2018

 

Stock Exchange Announcement

Templeton Emerging Markets Investment Trust PLC (the "Company" or "TEMIT")

Appointment of Andrew Ness as Portfolio Manager

Legal Entity Identifier 5493002NMTB70RZBXO96

23 July 2018

The Company announces that Andrew Ness will be named as a portfolio manager of TEMIT with effect from 17 September, 2018. He will work closely alongside TEMIT's lead portfolio manager Chetan Sehgal, who continues to serve as director of portfolio management for Global Emerging Markets (GEM) and Small Cap strategies for Franklin Templeton Emerging Markets Equity.

The portfolio managers of TEMIT are further supported by an experienced team of over 80 dedicated emerging markets investment professionals located across 20 offices around the world.

Paul Manduca, Chairman of Templeton Emerging Markets Investment Trust PLC, commented:

"Andrew Ness brings a wealth of experience, and we believe his appointment as a portfolio manager, together with Chetan Sehgal's strong leadership, will further strengthen the team's investment resources and capabilities and position the Company well for the future. The Board looks forward to working alongside both Chetan and Andrew."

ENDS

For further information please contact:

Winterflood Investment Trusts (Corporate Broker) Neil Langford on [phone]

Saira Khan, Franklin Templeton Investments on [phone] or [e-mail] 

 

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