Franklin Templeton has appointed former GAM Asian equity fund manager Michael Lai as lead manager on its Luxembourg FTIF-Templeton China fund, with current manager Eddie Chow set for retirement.
Lai, who has also been hired as a senior vice president and portfolio manager on other Chinese equities mandates, will lead the China fund with assistance from portfolio manager Yu-Jen Shih, who joined...
December 'remains achievable'
Able to monetise its assets
Formal agreement set to be announced soon
Cash holdings continue to grow