Carmignac has appointed Mark Denham (pictured) as head of European Equities to take on responsibility for the group’s Carmignac Euro-Patrimoine and Carmignac Grande Europe funds, combining a total of €418m of assets under management.
Denham will join Carmignac in October 2016. Based in London, he aims to use an investment approach that combines fundamental and qualitative analysis, focussing on low portfolio turnover and volatility controls.
Denham joins from Aviva Investors in London, where he was in charge of pan-European equities. Prior to that, he was a European equities fund manager at Insight Investment and at National Mutual Life.
Edouard Carmignac, founder and chairman of Carmignac comments on his appointment: “Our aim is to achieve robust, steady performance, based on a culture of long-term investing. This is at the essence of our Patrimoine investment approach. Mark understands this focus and his experience, track record and investment style make him the ideal leader to drive that ambition forward.”