Franklin Templeton Investments has named Scott Collison as new head of alternative sales, Asia.
Based in Singapore, Collison will report to Mark Browning, managing director, Asia.
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In his new role, Collison will be responsible for new business development of the group’s alternative products in the region.
Additionally, he will work with existing regional and country institutional and retail distribution teams, to develop country level strategies in order to support the growth of Franklin Templeton’s alternative products in Asia.
Collison, with over 20 years of experience in institutional investing and alternative asset management, has joined Franklin Templeton in 2013. He also founded the Orvent Fund, the Asian hedge fund start up in 2011.
Collison has joined Franklin Templeton from Talos Strategies, where he served as CEO. Prior to this, he served as portfolio manager at Millennium Partners in Singapore and spent over 12 years at Credit Suisse First Boston as an equities and derivatives trader.
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By GlobalDataBrowning said: "We see growing interest in alternative products from both Asian institutions and high net worth individuals. The continued expansion of Franklin Templeton’s alternatives and solutions platform remains a core strategic initiative for our business.
"Investor appetite for alternatives investments is warming up across the region and we are well-positioned for alternatives sales growth both in the traditional institutional market as well as within the wealth management channel," he added.
Collison said: "The group has an excellent array of products which offer tremendous opportunity for the alternatives channel."
Franklin Templeton manages nearly US$880 billion worth of assets globally.
