Edmond de Rothschild Investment Management, the France-based unit of the Edmond de Rothschild Group, has strengthened its tax and credit team with the appointment of Etienne de Marsac, say reports in the French press.

De Marsac was latterly at Natixis Asset Management, where he spent five years working in senior derivatives and bond debt managing. He began his career at Mazars, a subsidiary of OFI Asset Management, working in discretionary management.

In his new role de Marsac will report to Etienne Gorgeon, head of the tax and credit team at Edmond de Rothschild Investment Management.

In April of this year Edmond de Rothschild Asset Management named Thomas Gerhardt as head of its emerging markets and commodities division, while simultaneously announcing the launch of its new Frankfurt branch.