French asset manager Carmignac has appointed Mark Denham as the new head of its European equities team.
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Denham will be responsible for managing the Carmignac Grande Europe and Carmignac Euro-Patrimoine funds. As of 31 May 2016, the funds managed a total of EUR418m.
He will assume the new role in October 2016 and will be based in London.
Carmignac founder and chairman Edouard Carmignac said: "Our aim is to achieve robust, steady performance, based on a culture of long-term investing.
"This is at the essence of our Patrimoine investment approach. Mark understands this focus and his experience, track record and investment style make him the ideal leader to drive that ambition forward."
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By GlobalDataDenham most recently served as the European equities chief at Aviva Investors, where he spent 13 years. He also worked as European equities fund manager at Insight Investment and National Mutual Life.
Meanwhile, Aviva Investors head of European equities Frederic Tassin has now been handed over sole responsibility for the firm’s European teams in Paris and London. Further, Ed Kevis will now be responsible for Aviva Investors’ European portfolios in London.
