People moves

Carmignac taps ex-BlackRock European equity specialist

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French asset manager Carmignac Gestion has lined up BlackRock pan-European equities manager Laurent Ducoin to head up its European management team, with effect from the start of October.

Ducoin will co-manage the Carmignac Grande Europe fund with current co-manager Samir Essafri, and will also co-manage Carmignac Euro-Entrepreneurs. He takes over these responsibilities from Jordan Cvetanovski, who is leaving the firm at the end of September.

Ducoin was appointed as an analyst in 2004 by Merrill Lynch Investment Managers, which later merged with BlackRock. He has substantial experience in European equities, having started as a sell-side analyst at CM-CIC