Carmignac adds global equity 'compounders' fund to OEIC range

'Significant milestone for UK business'

Carmignac has launched a global equity fund to add to its OEIC range, led by managers Mark Denham and Obe Ejikeme.

The FP Carmignac Global Equity Compounders fund is the seventh OEIC in the firm's stable, which it said "reaffirmed its commitment to the UK market". Maxime Carmignac, managing director of the company's UK branch said the launch was "another significant milestone for Carmignac's UK proposition, a key growth area for Carmignac". Carmignac converts Commodities fund to 'socially responsible thematic' offering The fund will be run by head of European equities Denham, alongside Ejkeme, a fund manager within Carmignac's cross-asset team. The Paris-based asset manager claimed the manda...