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Franklin Templeton Wins Emerging Markets Mandate From Leading Swiss Asset Manager De Pury Pictet Turrettini
Mandate will be managed by Specialist Investment Manager Martin Currie
Geneva, 27 April 2022 – Franklin Templeton1, today announces that it has won the sub-advisory mandate from leading Swiss asset manager de Pury Pictet Turrettini & Cie S.A. (PPT) to manage its Cadmos Emerging Markets Engagement Fund2 – a Luxembourg registered sub-fund of the Cadmos Engagement Fund range currently available for sale in Switzerland and France. The mandate will be managed by Martin Currie, a specialist investment manager, part of the Franklin Templeton group.
Martin Currie was selected due to its deep expertise in emerging market equities, solid credentials and experience in environmental, social and governance (ESG) investing. The asset manager builds high conviction, stock-focused portfolios that seek to exploit mispriced, long-term value creating companies. ESG and top-down factors are integrated within a bottom-up approach.
The fund trades under the ticker CADEMEI and will be co-managed by Martin Currie’s Edinburgh-based portfolio managers Divya Mathur and Colin Dishington, who have a combined 35 years of investment experience. Mathur and Dishington have extensive knowledge of analysing emerging market companies in various sectors, including communications, technology, infrastructure and utilities. They are supported by five additional portfolio managers in the Martin Currie Emerging Markets team.
Patrick Lutz, Head of Distribution, Franklin Templeton Switzerland Ltd, commented: “Franklin Templeton offers its clients the best of both worlds, access to first class investment boutiques backed by a large global asset management and distribution powerhouse. We are delighted that Martin Currie has been appointed by leading Swiss asset manager de Pury Pictet Turrettini to manage its Cadmos Emerging Markets Engagement Fund. Martin Currie brings significant experience to the partnership with the added benefit of leveraging its robust ESG frameworks and proprietary tools to support the fund’s objectives.”
Launched in 2009, the Cadmos Emerging Markets Engagement Fund’s Buy and Care® strategy aims to beat the MSCI Emerging Markets Index benchmark by identifying leaders whose value creation potential is significantly underestimated by the market, whilst also actively engaging with shareholders and company management teams to make progress on key ESG issues. Its investment objective is to produce long-term capital growth. It is intended for investors seeking exposure to the dynamic development of emerging markets through a diversified portfolio of emerging market companies.
Melchior de Muralt, Managing Partner of PPT, commented: “We are thrilled to partner with Franklin Templeton and Martin Currie on the Cadmos Emerging Markets Engagement Fund. We chose them because of their experienced emerging markets team and proven track record of delivering alpha with highly selective portfolios that are managed with a robust sophisticated integration of ESG assessment, engagement and voting track record. Their understanding of what it means to be a steward of clients’ capital matches our thinking perfectly. Clients can expect an outstanding partnership from PPT and Martin Currie and together we aim to raise the benchmark for truly active and engaging portfolio management that deliver positive impacts to emerging markets’ societies.”
Martin Currie has been managing dedicated emerging markets portfolios since 1991. The team is focused on managing portfolios that reflect its highest-conviction ideas from within the emerging markets universe. Stewardship and ESG are integral elements of its investment process and are led by portfolio managers and analysts who know the companies best and have day-to-day responsibility for investment decisions. Being early signatories to the United Nations-supported Principles for Responsible Investment since 2008, Martin Currie is also a signatory to the Climate Action 100+ and Net Zero Asset Managers Initiative.
De Pury Pictet Turrettini & Cie S.A. (PPT) provides wealth management and asset management services, in addition to value-added strategic advice to its private and institutional clients. PPT has always demonstrated a great capacity for innovation, notably as a pioneer in responsible investing. It is the owner of the Buy and Care® strategy, manager of the Cadmos European Engagement Fund, Cadmos Balanced CHF and Cadmos Peace Investment Fund and advisor to the Cadmos Emerging Markets Engagement Fund and the Cadmos Swiss Engagement Fund. PPT ensures the funds’ consistency, transparency and distribution. It has been a signatory to the United Nations-supported Principles for Responsible Investment since 2008.
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For more information please visit www.franklintempleton.ch. and https://ppt.ch/en/
Contacts:
|
Oliver Trenk |
Marielle Morerod |
This is a marketing communication. Please refer to the prospectus of the UCITS and to the KID before making any final investment decisions.
- Franklin Resources, Inc. [NYSE:BEN], is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 155 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers boutique specialization on a global scale, bringing extensive capabilities in equity, fixed income, multi-asset solutions and alternatives. With offices in more than 30 countries and approximately 1,300 investment professionals, the California-based company has 75 years of investment experience and approx. $1.5 trillion in assets under management as of March 31, 2022. For more information, please visit franklintempleton.ch and follow us on LinkedIn, Twitter and Facebook.
- Since 2006, the Cadmos family of funds has been aiming to deliver and combining superior performance, risk management and social impact. The underlying “Buy & Care®” strategy has proven to deliver better risk-adjusted performance than traditional emerging market equity indices. The fund invests (Buy) in companies that meet high quality fundamental criteria and benefit from the current paradigm shift, driven by digitalisation, demographic change and climate risks. It also engages directly (Care) with our portfolio companies to accelerate their transition and even co-create additional projects with a tangible economic value. For more information, explore the impact reports of the Cadmos funds. https://ppt.ch/en/fund/cadmos-emerging-markets-engagement-fund/
Any research and analysis contained in this document has been procured by Franklin Templeton for its own purposes and is provided to you only incidentally.
Please consult your financial advisor before deciding to invest.
For Swiss investors, the paying agent is Banque Pictet & Cie S.A. and the representative agent is FundPartner Solutions (Suisse) S.A., Route des Acacias 60, Ch-1211 Genève 73, Switzerland. The relevant legal documentation may be obtained free of charge from the representative agent, from de Pury Pictet Turrettini & Cie S.A. or online at www.ppt.ch/en/reporting-and-documents. Cadmos, 15A, avenue J.F. Kennedy, L-1855 Luxembourg
Issued by Franklin Templeton Switzerland Ltd
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