Clive Paine and Steven Gardner joined Franklin Templeton Investments’ U.K. institutional team, said a spokeswoman for the firm.
Mr. Paine is a director, and the spokeswoman could not provide details on whom he replaced. Mr. Gardner is an associate director, and it is a new position.
Both are based in London and report to Jill Barber, head of U.K. institutional.
Mr. Paine is responsible for new business generation and building relationships across the U.K. institutional market. Mr. Paine previously was head of institutional sales, U.K., at Lyxor Asset Management. A spokesman for Lyxor said Olivier Cassin replaced Mr. Paine earlier this year.
Mr. Gardner takes on client relationships and previously was business development director at TopQ Software.