Franklin Templeton Mutual Fund said Janakiraman Rengaraju, currently the deputy CIO & Senior Portfolio Manager, will assume the role of Chief Investment Officer, Emerging Market Equities – India. Janakiraman will take over from Anand Radhakrishnan, CIO, Emerging Market Equities – India, who will leave the firm effective January 12, 2024, to pursue other opportunities, said a press release.
In his new role, Janakiraman will work closely with Avinash Satwalekar, President, Franklin Templeton – India to further strengthen the equity franchise in India, supported by a 16-member team of investment managers and experienced analysts. He will continue to be based at the Franklin Templeton offices in Chennai and will report to Sukumar Rajah, Senior Managing Director & Director of Portfolio Management – EME Asian Equity.
Janakiraman joined the firm in 2007 and has close to 27 years of experience in investment management. In his 16 years with Franklin Templeton, he has built an excellent track record in managing various funds. He currently manages several equity funds, including Franklin India Prima Fund, Franklin India Smaller Companies Fund and Franklin India Flexi Cap Fund.
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Sukumar Rajah, Senior Managing Director & Director of Portfolio Management – EME Asian Equity, said: “Anand has been a great contributor to the development of the India equity team and business over the past 19 years as a portfolio manager and leader displaying commitment, energy, market insights, persistence and patience. We thank him for his contributions and wish him the best in his future endeavours.”
Rajah added, “Our organization is built around