Franklin Templeton Investments Appoints William Yun to Head Alternative Strategies

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GP Staff
Franklin Templeton Investments Appoints William Yun to Head Alternative Strategies
By San Mateo, CA
Jun 10, 2008, 08:31

Franklin Resources, Inc. today announced that William Yun, CFA, has been named executive vice president of Alternatives Strategies, a new role dedicated to overseeing Franklin Templeton's specialized and alternative investment business which includes local asset management, joint ventures, real estate, fund of funds and dedicated private equity.

Mr. Yun, leveraging his investment background and extensive global experience with institutional markets and investors, will head the company's specialized and alternative investment groups and will oversee the local asset management investment teams. In addition, Yun will have responsibility for overseeing both the investment and business sides of the company's asset management joint ventures, which currently include joint ventures in Vietnam, China and Dubai. Over the past decade, the company has established wholly-owned local asset management groups in Brazil, Canada, India, Japan and Korea. In addition, the emerging markets private equity and mezzanine finance capabilities of Darby Overseas, the fund of funds business of Franklin Templeton Managed Investment Solutions, and the global property offerings of Franklin Templeton Real Estate Advisors will fall under the alternative strategies umbrella.

INFO SOURCES

Franklin Resources, Inc. (operating as Franklin Templeton Investments) (NYSE: BEN)

FIRMS

Franklin Resources, Inc. (NYSE: BEN) is a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management solutions managed by its Franklin, Templeton, Mutual Series, Fiduciary Trust, Darby and Bissett investment teams. The San Mateo, CA-based company has more than 60 years of investment experience and approximately $623 billion in assets under management as of May 31, 2008.

PEOPLE

William Yun, CFA, Executive Vice President of Alternatives Strategies

Yun, newly appointed executive vice president of Alternatives Strategies, is an officer of Franklin Resources, Inc. Yun joined the organization with Fiduciary Trust Company International in 1992 and was a portfolio manager for eight years, becoming executive vice president overseeing Fiduciary Trust's global equity division. In 2000, shortly before the firm's acquisition by Franklin Templeton, Yun was named president of Fiduciary Trust, and served in this role until 2005. In 2002, he also became president of Franklin Templeton Institutional, the global business development group responsible for Franklin Templeton's institutional, defined benefit and investment-only separate account businesses. Prior to joining Fiduciary Trust, Yun worked in both asset management and investment banking at Blyth Eastman Paine Webber, First Boston and CB Commercial Holdings. He is a Chartered Financial Analyst (CFA) Charterholder and a member of the New York Society of Security Analysts. He earned an M.B.A. from The Amos Tuck School of Business Administration at Dartmouth College, and a B.A. from Harvard University.