Franklin Templeton today announced that Rich Nuzum, former Executive Director, Investments for Mercer, has joined Franklin Templeton Investment Solutions (FTIS) as Head of OCIO. Nuzum will be based in New York and report directly to Adam Petryk, Head of Franklin Templeton Investment Solutions.

Effective July 28, Nuzum will lead the development and expansion of the OCIO business at FTIS, building on the successful growth of the firm’s solutions business over the past several years. As clients increasingly tap into the extensive investment capabilities Franklin Templeton offers, FTIS fulfills a strategic role as an access point to these capabilities. Developing the OCIO business is a natural extension of this strategy.

Jenny Johnson, President and CEO of Franklin Templeton said, “We are excited to welcome Rich to Franklin Templeton. The OCIO business is a key strategic priority as asset owners increasingly seek comprehensive investment capabilities that Franklin Templeton can offer across both public and private markets. This is further complemented by the portfolio construction and management expertise of FTIS.”

Rich Nuzum, Head of OCIO added, “I look forward to joining Franklin Templeton Investment Solutions in a capacity where I can help our clients strategically navigate their portfolios. As alternatives continue to grow, I am proud to be part of a team that leverages best-in-class research to deliver holistic, customized solutions aligned with each client’s investment objectives and risk tolerance.”

Nuzum joins Franklin Templeton from Mercer where he spent more than three decades providing investment consulting advice to institutional investors. Nuzum holds an MBA in analytic finance and accounting from the University of Chicago and a bachelor’s degree in mathematical sciences and mathematical economic analysis from Rice University. Rich also did graduate work in international economics at Tokyo University. He is a CFA® charterholder and a member of the CFA Institute.

Franklin Templeton Investment Solutions launched its first strategy in 1996 and, as of June 2025, manages $93 billion in assets with a team of over 100 multi-asset investment professionals. FTIS builds asset allocation, quantitative, and hedged strategy solutions for clients worldwide, leveraging the best thinking from across Franklin Templeton. The platform implements an integrated investment process and is supported by a dedicated manager research team that covers strategies both within and beyond Franklin Templeton.

About Franklin Templeton

Franklin Resources, Inc. (NYSE: BEN) is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the Company offers specialization on a global scale, bringing extensive capabilities in equity, fixed income, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and $1.6 trillion in AUM as of June 30, 2025. The Company posts information that may be significant for investors in the Investor Relations and News Center sections of its website, and encourages investors to consult those sections regularly. For more information, please visit investors.franklinresources.com.

All investments involve risk, including possible loss of principal.

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