Newly named SVP in charge of deepening institutional relationships joins firm
Franklin Templeton Canada is looking to boost and strengthen its client relationships in the Canadian institutional investing space with a new appointment.
The firm has announced Andrew Forsyth as senior vice president, Institutional Investment Services. He will take responsibility for expanding and enhancing the firm’s business and client relationships within Canada’s institutional space.
“Andrew brings an exceptionally strong service approach to understanding the priorities and investment needs of his clients,” said Bill Tsotsos, head of Institutional, Franklin Templeton Canada, to whom Forsyth will report. “We are excited to have Andrew on board to deepen our client relationships in the institutional space, while continuing to serve his current clients.”
A veteran with nearly three decades of financial industry experience, Forsyth is joining the company following Franklin Templeton’s July 31 acquisition of Legg Mason. He was most recently managing director, Canada for Brandywine Global Investment Management, one of several specialist managers that were assimilated into Franklin Templeton through the deal. Before that, he was an SVP, Business Development and Client Service at PIMCO Canada.
Other specialist investment managers from Legg Mason include Western Asset, ClearBridge Investments, Clarion Partners, Martin Currie, and Royce Investment Partners. Along with BrandyWine Global, they are poised to benefit from the resources of Franklin Templeton in serving their clients even as they maintain full autonomy over their investments.
“As we continue to grow our footprint, we are committed to delivering Canadian institutional clients tailored investment solutions with capabilities that have been widely expanded with the addition of new specialist investment managers from Legg Mason,” said Franklin Templeton Canada CEO Duane Green. “Franklin Templeton is one of the world’s largest independent asset managers with approximately C$1.9 trillion in assets under management globally and strong capabilities across asset classes.”
