San Mateo, Calif.-based Frankin Templeton Investments has announced that James Macey will serve as a senior vice president and portfolio manager with a focus on retirement solutions.

Macey previously served as director and portfolio manager at Allianz Global Investors, where he participated in managing Allianz’s Multi-Asset, Target-Risk and Target-Date mutual funds.

Macey becomes co-lead portfolio manager for the Franklin Allocation Funds and Franklin LifeSmart Retirement Target Funds, joining current co-lead managers Tom Nelson and Tony Coffey.