Investments  

Sandy Nairn quits Franklin Templeton and takes trust with him

Nairn was chief investment officer at Scottish Widows Investment Partnership between 2000 and 2003. Edinburgh Partners, the firm he co-founded in 2003, was sold to Franklin Templeton in 2018. 

At the time of its sale, it managed around £6bn in global equity money. 

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Between 1990 and 2000, Nairn was a director of global equity research at Franklin Templeton, and was based for a period in the US.

Franklin Templeton confirmed Sandy Nairn was no longer one of its employees but they said it would continue to work with the Franklin Templeton Institute as an external senior fellow.

Nairn is not the first big name fund manager to quit his fund management firm and take his trust with him. In 2019 Alexander Darwall quit Jupiter and took the £1bn European Opportunities investment trust with him.

In 2018 Mark Mobius quit Franklin Templeton and set up a new trust.

david.thorpe@ft.com