The French firm has made a number of promotions, appointments and changes to its roster of portfolio teams. In total, 45 people work in the team.

Carmignac, the French asset management house, has made a number of promotions and appointments to its team of 45 fund managers and analysts.

In the equity team led by David Older, the firm appointed Haiyan Li-Labbé as co-manager of Carmignac Emergents alongside Xavier Hovasse, head of emerging equities. Amol Gogate has been appointed as co-manager of Carmignac Portfolio Emerging Discovery, also alongside Hovasse. 

Li-Labbé joined Carmignac in 2011 and is a fund manager and an analyst in charge of Greater China markets. Gogate, who is an Asian equities analyst, joined Carmignac in 2019.

Moreover, Emmanuel Niogret who joined the firm in 2019 as manager of Carmignac Portfolio Alpha Themes, has also been appointed as fund manager of Carmignac Portfolio Long-Short Global Equities, the business said in a statement late last week. 

In the fixed income team, led by Rose Ouahba, Carmignac has made a number long-planned adjustments, it said, “essentially driven by the very promising ramp-up of the Patrimoine range and the addition of highly experienced and talented professionals within the team.”

Marie-Anne Allier is now the sole fund manager of Carmignac Sécurité, one of Carmignac’s largest strategies with almost €10 billion in assets under management and a 30-year track record. She has been co-managing Carmignac Sécurité since she joined Carmignac in April 2019. 

Keith Ney, previously co-managing Carmignac Sécurité Allier, will now focus on running Carmignac Portfolio Patrimoine Europe - a fund that he has managed since it was created three years ago alongside Mark Denham, head of European equities.

Carmignac Portfolio Emerging Patrimoine is now co-managed by Joseph Mouawad and Xavier Hovasse, who have been managing the fund together for almost three years.

The business has also launched Carmignac Portfolio Unconstrained EM Debt, managed by Joseph Mouawad. The fund is a socially responsible investment fund investing in local and external emerging markets’ debt and currencies.