(April 12 – 10:40 ET) – Franklin Templeton Investments Corp. is welcoming Harry Marmer as senior vice president, institutional services. In this new position, Marmer will have overall responsibility for Franklin Templeton Investments’ institutional business across Canada.

“The institutional money management business in Canada is growing and our goal is to stay at the forefront of this business,” said Don Reed, president and CEO of Franklin Templeton Investments Corp. “Harry Marmer’s expertise and experience in advising and guiding institutional clients as well as his skills in marketing, servicing and money management will be a great asset as we move to grow our institutional business.”

Marmer, currently the president of the Toronto Society of Financial Analysts and a member of the Board of the Canadian Investment Review, brings more than 14 years of experience in the institutional money management business. Most recently, he was director of institutional investing at Frank Russell Co. Marmer will begin his new position at the end of this month.

“In Canada, institutional investors are looking for managers that have expertise not only here, but also in the other 97% of the world’s capital markets,” said Marmer. “The changing institutional landscape provides us with a wonderful opportunity to assist our clients in further improving return and managing risk for their funds.”