FundRock appointed by Carmignac as ACD for UK OEIC
May 20, 2019

FundRock Partners Limited, the UK authorized corporate director (ACD) business of FundRock Group, has been selected by Carmignac, to act as the ACD for its six new UK domiciled sub-funds structured under the FP Carmignac ICVC OEIC (open-ended investment company) umbrella.

FundRock will provide the legal and regulatory framework for the OEIC and undertake the regulatory oversight of the funds. Carmignac Gestion Luxembourg SA will act as the investment manager, sponsor and distributor of the OEIC.

Carmignac, a European independent asset manager, is widening the availability of its strategies to UK investors with the launch of six locally domiciled sub-funds. 

Maxime Carmignac, Managing Director of Carmignac UK Branch, said: "FundRock is a recognized player in the UK and across Europe. This partnership marks a significant step in Carmignac's European growth strategy and underlines our commitment to the UK by making our funds more accessible to domestic investors."

 





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FundRock Partners Limited, the UK authorized corporate director (ACD) business of FundRock Group, has been selected by Carmignac, to act as the ACD for its six new UK domiciled sub-funds structured under the FP Carmignac ICVC OEIC (open-ended investment company) umbrella.

FundRock will provide the legal and regulatory framework for the OEIC and undertake the regulatory oversight of the funds. Carmignac Gestion Luxembourg SA will act as the investment manager, sponsor and distributor of the OEIC.

Carmignac, a European independent asset manager, is widening the availability of its strategies to UK investors with the launch of six locally domiciled sub-funds. 

Maxime Carmignac, Managing Director of Carmignac UK Branch, said: "FundRock is a recognized player in the UK and across Europe. This partnership marks a significant step in Carmignac's European growth strategy and underlines our commitment to the UK by making our funds more accessible to domestic investors."

 



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