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Who's Moving Where In Wealth Management? - Franklin Templeton, AnaCap

Editorial Staff, 29 July 2020

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The latest senior moves in wealth management and legal services from across Europe and the UK.

Franklin Templeton
Following its agreed merger with fellow asset giant Legg Mason earlier this year, Franklin Templeton has appointed Julian Ide to join the leadership team and head EMEA distribution before the deal which is expected to close at the end of this month.

Ide will be based in Edinburgh and stay on as CEO of specialist investment firm, Martin Currie. At Franklin Templeton, he will report to global advisory services head Adam Spector, and is expected to advance the distribution strategy and growth opportunities in the EMEA region.

The acquisition has created one of the largest independent investment managers globally. CEO and president Jenny Johnson said the deal brings the newly combined AuM in the EMEA region to $148 billion. Welcoming Ide, she said: "His strength as a leader and experience in international markets positions him well to lead our combined business in EMEA."

Educated in law at Cambridge University, Ide joined Martin Currie in 2018 as head of distribution and strategy. Prior roles include CEO of ETF provider Source (sold to Invesco in 2017) and Old Mutual Global Investors. He has also held senior posts at Credit Suisse and ABN AMRO.

The core facets of Martin Currie will remain unchanged, the parties said in a statement; it will continue to have investment, institutional distribution, and client service independence.

AnaCap Financial Partners
AnaCap Financial Partners, a private capital markets firm that holds financial firms, has promoted three of its figures to partner level. It elevated Edward Green, Nassim Cherchali and Tassilo Arnhold. 

Green joined AnaCap in 2007 as part of its business services team within private equity, leading operational engagement across various portfolio companies. 

Cherchali joined the firm in December 2008 as an associate and was subsequently promoted to manager in 2012, director in 2015 and managing director in 2018. 

Arnhold joined AnaCap in 2015. 

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