Carmignac Patrimoine adds to strategic investment committee
Carmignac has appointed Keith Ney to its strategic investment committee.
Ney started his career in the United States before joining Carmignac in 2005 where he was notably Head of Credit from 2011 to 2015. For eight years ending in 2020, Ney successfully managed Carmignac Sécurité, one of Carmignac’s major funds with assets under management of EUR10 billion.
Since its launch three years ago Ney has been co-managing Carmignac Portfolio Patrimoine Europe, a flexible and socially responsible multi-asset fund, combining equity and fixed income, which is 5-star rated by Morningstar. This fund is focused on Europe, with a non-benchmarked investment philosophy, common to the three funds of the Patrimoine range. Together with Mark Denham, Head of European Equity, Keith Ney manages fixed income assets and is responsible for risk management and portfolio construction of the fund on the two asset classes.
Rose Ouahba, Head of Fixed Income and David Older, Head of Equity, says: "Keith is a skilled manager and a permanent contributor to the strategic thinking and collaborative approach that marks the strength of our investment team. His joining us on Carmignac Patrimoine will allow us to consolidate synergies within the Patrimoine range, across global and European markets. This evolution thus reflects our willingness to provide our clients with the best flexibility, portfolio construction and risk management, key attributes of the Patrimoine range. The three of us are looking forward to continuing momentum of our flagship fund, Carmignac Patrimoine, which has been proving its relevance to long-term investors for over 30 years.”
Together with Edouard Carmignac, Frédéric Leroux, Didier Saint-Georges, Rose Ouahba and David Older, Ney joins the Strategic Investment Committee, responsible for producing robust market convictions based on macro and micro-economic research across asset classes to support fund managers. Keith Ney remains co-manager of Carmignac Portfolio Patrimoine Europe.