Carmignac expands Patrimoine fund team with four promotions

They will work alongside head of equities David Older, who has been managing the equity portfolio of the multi-asset fund since 2018. Carmignac poaches from Invesco for UK business development head Rigeade and Zimra will be responsible for the fixed income element of the portfolio, as well as foreign exchange management. They have managed bond funds for more than 15 years, with a decade co-managing flexible funds, such as the Carmignac Portfolio Flexible Bond, which they have managed together since 2019. Hirsch, who joined the firm from Ruffer, and Moulin will manage the fund's ...