Fund Management

France's Carmignac Gestion Selects Ascentric Platform For UK Push

Stephen Little Reporter London 24 April 2013

France's Carmignac Gestion Selects Ascentric Platform For UK Push

Carmignac Gestion, the French asset manager, has made 10 of its funds available on the Ascentric platform as part of its continued expansion in the UK.

The platform will carry the full range of UK-registered Carmignac funds: Carmignac Investissement; Carmignac Grande Europe; Carmignac Emergents; Carmignac Emerging Discovery; Carmignac Patrimoine; Carmignac Euro Patrimoine; Carmignac Emerging Patrimoine; Carmignac Market Neutral; Carmignac Global Bond; and Carmignac Capital Plus.

All sterling share classes are hedged against the euro.

Earlier this year, the firm made its funds available via the Novia and AXA Elevate platforms.

Carmingnac Gestion currently has £40 billion ($64 billion) in assets under management. It markets its fund in 11 European markets now: France, Luxembourg, Switzerland, Belgium, Italy, Germany, Spain, the Netherlands, Austria, Sweden and the UK.

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