Franklin Templeton Boost Alts. Unit With New Appointment

Jun 12 2008 | 2:00am ET

Franklin Templeton Investments has named William Yun executive vice president of alternatives strategies. The new role is dedicated to overseeing the firm’s specialized and alternative investment business, which includes local asset management, joint ventures, real estate, fund of funds and dedicated private equity.

Yun will have responsibility for overseeing both the investment and business sides of the company’s asset management joint ventures, including those in Vietnam, China and Dubai.  

Yun previously served as president of Franklin Templeton Institutional.

“Our business continues to expand in markets worldwide and we believe that establishing a dedicated alternative investments platform for our specialized investment groups will best position us to capitalize on the strong growth and interest we have seen in these areas,” said CEO Greg Johnson.


In Depth

Steinbrugge: Top 10 Hedge Fund Industry Trends for 2017

Jan 3 2017 | 9:03pm ET

Each year, Agecroft Partners' Don Steinbrugge predicts the top hedge fund industry...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

DarcMatter: The Top Trends in Alternative Investments for 2017

Jan 13 2017 | 8:22pm ET

The $7 trillion alternative investments industry is poised for continued growth...

 

From the current issue of

The U.S. Commodity Futures Trading Commission (CFTC) ordered The Goldman Sachs Group Inc., and Goldman, Sachs & Co. to pay a $120 million penalty for attempted manipulation and false reporting of ISDAFIX Benchmark Rates, a global benchmark for interest rate products.