Franklin Templeton hires a head of marketing

Franklin Templeton Investments Australia Ltd. has hired Joe Marassa as head of marketing.

Marassa joined the company last month and is working from Templeton’s Sydney office. He previously worked at Colonial First State and ING Investment Management where he was head of marketing.

“This appointment is another important step in our broader plans to expand distribution and market efforts,” says Franklin Templeton’s Australian managing director Maria Wilton, in a statement.

The company has hired 11 people this year to make investments, distribute Templeton products and manage its operations. In Australia the firm manages about $16 billion and employs 53 people.

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Mercer Super expands into frontier market debt, builds out PE program

The $80 billion Mercer Super has delivered a fourth consecutive year of double-digit returns to most members of its SmartPath lifecycle product. Global equities did a lot of heavy lifting, but chief investment officer Graeme Miller tells Investment Magazine that the fund is now looking further afield for returns.

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