GET to know our president and ceo: Duane Green

Duane Green is president and CEO of Franklin Templeton Canada and Fiduciary Trust Canada, overseeing the Canadian business. Celebrating its 65th anniversary, Franklin Templeton Canada provides asset management and investment solutions, including mutual funds, ETFs, multi-asset portfolios, pooled funds and alternatives, to Canadian retail, institutional and high net worth investors.

Mr. Green previously served as managing director - Canada, responsible for the firm's Canadian retail, institutional and high net worth distribution business. Prior to that, he was head of Institutional in Canada. Mr. Green joined Franklin Templeton in 2004 as vice president of Strategic Alliances.

In 2017, he received the Women in Capital Markets Male Leadership award.

Mr. Green has a degree in economics from the University of Ottawa and is a fellow of the Canadian Securities Institute. He holds the FMA, CIM, and FCSI designations.

We recently sat down with Duane to discuss his background, his goals for Franklin Templeton’s Canadian business, and his outside interests.

How did you get started in the investment industry?

I have always had a keen interest in business and investing, but my passion for the financial services industry really started when I was studying economics at the University of Ottawa. One of my professors recommended that I get some sales experience in order to broaden my perspective of the investment world. He thought that it would open many doors for me and he was right.

What excites you most about your role?

I am excited to work with advisors, plan sponsors, investors and other intermediaries to help Canadians attain their financial goals.

In Canada, we have a been actively managing assets for retail investors since 1954 when Sir John Templeton launched the Templeton Growth Fund in Montreal. Today, we have the privilege of managing assets for retail, institutional and HNW investors in Canada. As active managers, we have the know-how to identify and take advantage of price volatility driven by market uncertainty and political instability. So being able to share and build on the insights of our investment experts across the globe is a significant advantage.

I am also excited about our commitment to support the financial advisor community through various events, initiatives and advocacy efforts. We are also developing more value-add programs and tools like the Franklin Templeton Online Academy to help educate advisors and strengthen their practice management. Last year, we were honored to be recognized as Fund Provider of the Year in Canada. I am very proud of our team and the recognition that we are receiving.

What are some of your current product initiatives?

The past two years have been one of our busiest periods in the company’s history in terms of launching new product and pricing initiatives, but we are not resting on our laurels. We are always evaluating our fund line-up and pricing models to ensure that we are meeting the evolving needs of Canadian advisors and investors. In 2018, we continued to add to our growing family of ETFs with the introduction of six new Smart Beta and actively managed products. As with our other Franklin LibertyShares offerings, these ETFs leverage our firm’s deep investment expertise and provide Canadians with a greater range of choices when it comes to building diversified portfolios and pursuing their desired outcomes.

More recently, we were pleased to offer investors a number of Franklin Bissett fixed income and dividend-paying equity funds at lower costs. In the current interest rate environment, this news has been welcomed with open arms by advisors and investors who are seeking diversified solutions across the yield spectrum.

What are you focused on as President and CEO?

One of my key areas of focus is advancing and championing diversity in the workplace. Both within the company and the larger community of the financial services industry, I feel that there is a real need to embrace this. I believe we all win when everybody has the opportunity to participate, advance their careers and bring their best ideas to the table.

On the investment front I am focused on ensuring that we provide exceptional asset management services to Canadian investors. Regardless of what is happening in the markets, I want our business to continue to provide timely perspectives that help investors make well-informed decisions about their portfolios. I believe we are able to do this by offering a truly global perspective that leverages the insights and experience of our 650 investment professionals around the globe.

To help investors I support initiatives designed to improve Canadians’ knowledge of what they are investing in, the fees they are paying and how they are accessing financial advice. We are strong believers in value of advice. Therefore, we have been - and will continue to be – proud, vocal advocates for the industry and the needs of investors in our discussions with regulators.

What are your outside interests?

I am a big believer in volunteering. It’s a wonderful chance to give back to the community and to gain new perspectives and experiences. I have had the privilege to have served on the board of Crohn’s and Colitis Canada for three years and the board of Canada’s National Ballet School for the past six years. I am currently on the board of directors for Business for the Arts, Canadian Coalition for Good Governance and Investment Funds Institute of Canada. I am also the Chair of the Faculty Cabinet at my alma mater, the University of Ottawa.

During our spare time, my wife Angela and I love to travel. Europe is a favourite destination, especially Italy (Capri). We are also huge baseball fans and in my office are souvenirs from my favourite sports team…Go Jays Go!