New name and strategy for Carmignac Portfolio Capital Plus, becoming Carmignac Portfolio Unconstrained Euro Fixed Income
Carmignac has rebranded the Carmignac Portfolio Capital Plus fund to better reflect its new management style and investment strategy. Now called Carmignac Portfolio Unconstrained Euro Fixed Income since 30 September 2019, the fund invests in global fixed income markets. Non-euro denominated investments will systematically be hedged back to the Euro, hence the addition of “Euro” in the fund’s name. Co-managed by Guillaume Rigeade and Eliezer Ben Zimra, who joined Carmignac on 9 July 2019, the fund is Carmignac’s second largest within its fixed income range, with an AUM of €895m at the