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.
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 teamwork and succession planning is part of the team management process at Franklin Templeton. Janakiraman has, over the past 16 years, served in multiple roles including as Deputy CIO, handling portfolio and team management responsibilities. I am confident that Janakiraman will take the team to new heights in creating value for our investors and other stakeholders.”
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 focusing on delivering strong investment results to our investors and distributors in the years to come.” Avinash Satwalekar, President, Franklin Templeton – India, said, “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.”
