Carmignac Gestion has named Matthew Wright as Head of Country UK. His principal task will be developing relations with financial distributors and wealth managers in the United Kingdom under the responsibility of Davide Fregonese, Global Head of Sales and Marketing.

Eric Helderlé, general manager of Carmignac Gestion, said: “We are pleased to announce Matthew Wright’s arrival as Head of Country in charge of our development in the UK, Matthew’s experience and personal involvement makes him the appropriate representative for Carmignac Gestion in such a key market as the United Kingdom. This development is a continuation of our long term business model which has seen Carmignac Gestion established across 10 European countries over 20 years. UK investors are increasingly appreciating the value of investing globally. Our funds provide the opportunity to diversify investment portfolios. Carmignac Gestion’s active, conviction-based and independent management style aims to deliver positive performance in all market conditions. This approach is particularly relevant in the current investment climate of crisis in developed countries and rebalancing growth in favour of the emerging world.”

Wright will be leading the sales team for the UK with a view to opening a permanent office in the City of London in November 2011. He was formerly Head of Sales at LV Asset Management and has 15 years of experience in the asset management sector from companies such as Fidelity and UBS.

Matthew Wright added: “I am delighted to be joining Carmignac Gestion and spearheading their commitment and distribution into the UK market. They have made a huge impression in continental Europe and the timing is perfect for their commitment to the UK.”