People Moves

French fund management firm Carmignac sets up shop in UK

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Parisian asset management firm Carmignac Gestion has hired Matthew Wright as head of its UK activities as part of its European growth strategy.

Wright’s principal task will be to develop relationships with financial distributors and wealth managers in the UK. He will report to Davide Fregonese, global head of sales and marketing.

Wright will lead and expand Carmignac’s UK sales team. The firm is to open a permanent London office in the City next month, from which to better target and serve UK clients.

Before joining the firm, Wright was head of sales at LV Asset Management. He