The French asset manager Carmignac Gestion has appointed two new managers to its fund and discretionary sectors in a bid to bolster its company at management level.   

Carlos Galvis will join the French firm’s fixed income team as manager of the Carmignac-Cash Plus fund. Most recently Galvis was head of Amundi's absolute return funds in London. He has also worked as a macro strategist, an international bond manager and senior portfolio manager.

Antoine Colonna joins Carmignac as a financial analyst specialising in the consumer discretionary sector. Colonna was formerly managing director of equity research for the luxury goods and consumer nondurables sectors for Bank of America Merrill Lynch.

Carmignac Gestion was founded in 1989 by Edouard Carmignac, and manages €47 billion (around $59.56 billion) of assets. As a platform for its international development, the company has had a subsidiary in Luxembourg since 1999 and in 2008 opened representative offices in Madrid and Milan.