Fund Management

Carmignac Gestion Continues UK Expansion With New Platform

Natasha Taghavi Reporter London 31 July 2013

Carmignac Gestion Continues UK Expansion With New Platform

Carmignac Gestion, the French asset manager, has made its funds available on the Fidelity FundsNetwork platform, as it continues its expansion in the UK market.

Carmignac’s announcement follows a series of launches on other UK platforms earlier in the year, including Raymond James and Ascentric.

"Based on feedback from advisors we've added the Carmignac Gestion range to the platform. The range offers advisors and their clients a globally diversified fund suite which was previously only available to European investors," said Klare Baldwin, head of marketing, FundsNetwork.

All sterling share classes are hedged against the euro, the firm said.

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

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