Carmignac has appointed Raphael Gallardo as chief economist. Based in Paris, he will directly report to Frederic Leroux, head of cross asset team at Carmignac.
Raphael Gallardo joins Carmignac from Ostrum Asset Management (previously Natixis Asset Management). He began his career at BNP Paribas where he spent ten years before moving on to hold the role of head of Macroeconomic Research, first at AXA Investment Managers and then Rothschild & Cie Gestion.
Frederic Leroux, head of the Cross Asset Team at Carmignac said: “Gallardo is a natural fit for the Cross Asset Team which lies at the heart of Carmignac’s top-down approach. His unique expertise in anticipating cycles and determining market sentiment will be a true asset in applying the company’s global vision into investment