Newton's Russon joins Franklin Templeton

Newton's Ben Russon is to join Franklin Templeton's UK equity team, taking over as co-manager of two of its UK equity funds.

Russon, who had been managing the Newton UK Opportunities fund, will join Franklin Templeton in April, becoming co-manager of its UK Select Growth and UK Managers Focus fund. He will work with co-manager Mark Hall on UK Select Growth initially, before taking over as lead manager after a period of transition. The move is the latest change to the group's Leeds-based UK equity team, known as Rensburg Fund Management prior to its acquisition by Franklin Templeton in 2011. "Since the acquisition we have implemented some key changes, including the management change on the Franklin UK Sma...