Big Interview with Maxime Carmignac: Retaining talent is crucial for survival

UK growth plans

Maxime Carmignac, managing director of Carmignac UK, talks about the importance of attracting talent, competing against ETFs and future succession plans

Over the past five years, employee-owned French asset manager Carmignac has steadily grown its presence in the UK. Spearheaded by Maxime Carmignac - daughter of founder Edouard Carmignac and managing director of the UK office since 2013 - the fund manager has seen a 78% increase in headcount in the country since 2016. As of November last year, the Carmignac UK office had 57 people working in it, compared to 32 people in 2016. This means now that half of the investment team is based in London, with the other half in Paris. "Having an office in London has been very helpful in terms o...