Carmignac MD: Lessons learned from central bankers' sudden interventions

How we are negotiating central bank challenges

Carmignac's Didier Saint-Georges tells Katrina Lloyd about lessons learned over the past few years, and how the group is benefitting from the Europe-wide demand for retirement solutions.

Many animated discussions have been held by Carmignac's investment committee over the past few years on the challenging subject of central bank monetary policy. Should the fund manager steer a course based on principles, or the probability of what may happen? The committee, which meets daily and is kept tight at under 30 members, acts as a valuable sounding board for the investment team. It is also focused on helping managers make big decisions when it matters.   However, the committee has been forced to do some serious soul searching in recent years. It suffered a double hit in 2012 ...