50+
years of fixed income investment expertise

Executive Vice President and Chief Investment Officer
Sonal Desai, Ph.D. is the executive vice president and chief investment officer for Franklin Templeton Fixed Income. Dr. Desai is responsible for overseeing Franklin's Municipal, Corporate Credit, Floating Rate, Multisector, Global (including Emerging Markets), and Money Market Fixed Income teams.
Deep and experienced fixed income sector teams led by seasoned leaders.

Joined Franklin Templeton in 1990

Joined Franklin Templeton in 2006

Joined Franklin Templeton in 2002

Chief Investment Officer, Portfolio Manager, Global Sukuk and MENA Fixed Income

Senior Vice President, Director of Securitized Research and Trading, Portfolio Manager

Joined Franklin Templeton in 2004

Joined Franklin Templeton in 2020

SVP, Director, Head of Multisector and Securitized Strategies
Joined Putnam in 1997 (Acquired by Franklin Templeton in 2024)

Head of Multi-Sector Portfolio Management

Head of Portfolio Construction/Analytics

Co-Head of Securitized Products
(MBS/CMBS/RMBS/ABS)

Co-Head of Securitized Products
(MBS/CMBS/RMBS/ABS)

Co-Head of Stable Value

Co-Head of Stable Value

Executive Vice President, Head of Digital Assets

Senior Vice President, Director Digital Asset Management
years of fixed income investment expertise
dedicated fixed income professionals around the world
billions in fixed income assets under management1
risk management professionals
1. As of December 31, 2024

1970s
Established Franklin Templeton Fixed Income and government, credit, and tax-free strategies.
1980s
Developed double tax-free, securitized, and global bond strategies.


1990s
Established first local asset management fixed income team.
2000s
Established Quantitative Science Team and developed emerging markets and floating rate loan strategies.


2010s
Strategic acquisitions to address market disruptions. Enhanced investment process by adding quantitative and data science to complement fundamental research.
2020s
Creating tokenized, Blockchain-enabled, FinTech, and Digital Lending strategies.

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For more information on any funds, contact your financial professional or download a free prospectus. Investors should carefully consider a fund’s investment goals, risks, sales charges and expenses before investing. The prospectus contains this and other information. Please read the prospectus carefully before investing or sending money.
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What are the Risks?
All investments involve risks, including possible loss of principal. Because bonds are sensitive to interest rate movements, a fund's yield and share price will fluctuate with market conditions. Bond prices generally move in the opposite direction of interest rates. Thus, as prices of bonds in a fund adjust to a rise in interest rates, a fund's share price may decline. For more information on any fund, contact your financial professional or download a free prospectus. Investors should carefully consider a fund's investment goals, risks, sales charges and expenses before investing. The prospectus contains this and other information. Please read the prospectus carefully before investing or sending money.
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