French boutique DNCA Investments has extended its absolute return portfolio management team and appointed two bond fund management specialists.
The appointment of Pascal Gilbert and François Collet to its absolute return team will enable DNCA to offer new absolute return strategies on international bonds. They joined DNCA Finance on September 1.
They will set up absolute return bond investment strategies on a global asset universe and inflation strategies, which will be launched before the end of the year.
Pascal Gilbert has held various posts since 1988: head of proprietary trading at Banque Fédérative du Crédit Mutuel, then euro area bond portfolio manager at Banque de Financement et de Trésorerie. He joined La Française des Placements in 2001 (which later became La Française AM in 2011) as head of bond funds, where he was in charge of a team of seven staff and managed more than €15bn in assets.
François Collet joined Natixis Global Asset Management as a bond fund manager in 2003. For three years he managed three bond funds with total AuM of €750m. In 2006, he joined La Française AM and worked in Pascal Gilbert’s team as deputy head of bond portfolio management, more particularly in charge of the inflation theme. He was head of five bond strategy funds over eleven years, with total assets under management of €2.6bn.