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Banking

People moves: Franklin Templeton hires for Asia real estate

Wenning Jung, a former official at California Public Employee’s Retirement System (Calpers), is to join Franklin Templeton real estate advisers in California to lead the team’s Asia business on behalf of its four managing directors. At Calpers Jung served as an investment officer in its real estate department. Her newly created role at Franklin, designed to help boost the firm’s investments into Asian real estate, will require Jung to identify third-party real estate managers in Asia, conduct due diligence, run her teams as well as identify new opportunities arising in the region.

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