Laurent Ducoin will join Carmignac Gestion as Head of the European management team on October 1st. Before coming to Carmignac Gestion, Laurent Ducoin was pan-European equities manager in the European specialist team at BlackRock in London. He was appointed to this team as an analyst in 2004 by Merrill Lynch Investment Managers, which has since merged with BlackRock. Laurent Ducoin built up expertise in European equities since starting as a sell-side analyst at CM-CIC Securities.
Laurent Ducoin will co-manage Carmignac Grande Europe with Samir Essafri, who was already sharing the responsibility for this fund, and will also co-manage Carmignac Euro-Entrepreneurs. The team, headed by Laurent Ducoin, will also benefit from the experience of François-Joseph Furry, manager of Carmignac Euro-Patrimoine.
Jordan Cvetanovski will remain manager of the Carmignac Euro-Entrepreneurs fund and co-manager of the Carmignac Grande Europe fund until his departure on the 30th of September.
The European management team will rely on the contribution of the analysts, covering the sectors key to the investment strategy of Carmignac Gestion: Antoine Colonna, overseeing the consumer sector; Matthew Williams, responsible for the financial sector; Caroline Slama, in charge of capital goods; and Simon Lovat, specialising in commodities. The European management team will make a decisive contribution to the cross-generation of ideas for the different portfolios.
