GLG fixed income and Goldman Sachs European equities managers line up moves to Schroders, former Barclays Wealth directors to join Fleming family office, Carmignac announces Cvetanovski replacement, GKAM adds to advisory board, Skagen appoints for Amsterdam office.
Former BlackRock European equities head Laurent Ducoin is set to join French asset manager Carmignac Gestion, as co-manager of Carmignac Grande Europe Jordan Cvetanovski plans to leave the firm.
On 1 October Ducoin will take over co-management of the fund alongside Samir Essafri, who joined Carmignac in November 2010.
Cvetanovski meanwhile plans to leave the firm at the end of September.
His replacement Ducoin started within what is now BlackRock’s European team in 2004, hired by Merrill Lynch Investment Managers which subsequently merged with the UK manager. Ducoin will transfer from London to Paris for his new role.
Glendevon King Asset Management (GKAM)
The UK fixed income manager has added two further members to its advisory board.
Former Alliance and Leicester chief executive David Bennett adds to his non-executive roles, which include a board position for low-cost airline EasyJet. He used to sit on the board of UK banking trade body the British Bankers Association.
One member of the wealthy Indian Pathak family Nayan Pathak also joins the GKAM board. Pathak is founder and managing director of Dubai private investment firm NKP Capital, and a small and mid-cap private equity firm.
Bennett and Pathak join other recently appointed board members Percy Barnevik, architect of the merger which led to the ABB engineering conglomerate, and Kurt Moosmann, co-founder of Dara Capital. Their appointments are effective immediately.
Scandinavian fund manager Skagen has added to its Amsterdam office, due to open after the summer.
Nienke Abma will manage investor relations. She moves from Detac B.V where she was a senior recruitment consultant. She has worked in equities sales, client relationship management and financial communication for different Dutch banking and securities firms.
The Amsterdam office will be the eleventh the firm opens. It has six offices in Norway, one in Stockholm, one in Copenhagen, one in Gothenburg and one in London.
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