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Franklin Templeton has announced Janakiraman Rengaraju as the CIO, Emerging Market Equities, India starting December 1, 2023. Janakiraman Rengaraju is currently serving as the Deputy CIO & Senior Portfolio Manager. He will be reporting to Sukumar Rajah, Senior Managing Director & Director of Portfolio Management, EME Asian Equity.
In his new role, Janakiraman will also work closely with Avinash Satwalekar, President, Franklin Templeton, India to further strengthen their equity franchise in India, supported by a strong 16-member team of investment managers and experienced analysts.
Janakiraman joined the firm in 2007 and has close to 27 years of experience in investment management. He currently manages equity funds, including Franklin India Prima Fund, Franklin India Smaller Companies Fund and Franklin India Flexi Cap Fund.
In the press release Janakiraman Rengaraju, CIO, Emerging Markets Equities, India, Franklin Templeton said, “At Franklin Templeton, we follow a disciplined, process and team-driven approach to investment management. This has helped us in creating a financial institution that has set new standards in all aspects of equity portfolio management over the last 30 years in India. We will continue our tradition of focussing on delivering strong investment results to our investors and distributors in the years to come.”
Avinash Satwalekar, President, Franklin Templeton, India, commented, “As we embark on a new phase of growth in India, we are excited to have Janakiraman bring his tremendous experience and strong track record to lead our equity capabilities. The experience and depth of the Emerging Markets India Equity team under the guidance of Janakiraman will help us continue our tradition of unwavering focus on delivering consistent and healthy returns over market cycles. We are confident that our deep bench of talented equity portfolio managers will help us in our endeavour in offering high-quality investment solutions to our investors and distributors.”