We are proud to announce that Carmignac has been awarded “Fixed Income Fund Manager of the Year” at the Funds Europe Awards 2025, recognising our extensive expertise over many years in active and unconstrained fixed income management.
This award highlights the strength and consistency of our fixed income expertise across strategies, as well as the value of our active, flexible and unconstrained investment style in delivering resilient and attractive risk-adjusted returns across market cycles. This agility is rooted in our family and employee-owned, independent, and entrepreneurial culture, which promotes swift decision-making, accountability, and a long-term perspective – values that define Carmignac’s DNA.
Flexibility at the core of our fixed income approach
Our philosophy is built on a truly flexible, non-benchmarked framework, enabling us to adapt quickly across market regimes globally. By combining top-down macroeconomic insight with bottom-up conviction ideas, our fixed income team can dynamically adjust allocations across duration, credit, emerging markets, currencies and derivatives to seek the most attractive opportunities at each stage of the cycle.
Our fixed income franchise has demonstrated its ability to navigate successfully across different market environments. The close collaboration between our team of experienced portfolio managers and analysts – spanning credit, sovereign, and emerging markets – allows us to capture opportunities across the entire fixed income spectrum, unconstrained by benchmarks or traditional limitations.
A commitment reinforced by industry recognition
This award reinforces our ambition to offer investors flexible and conviction-driven fixed income solutions. It is a testament to the dedication of our fixed income team and to our ongoing commitment to delivering high-quality outcomes in a rapidly-changing market environment.
The Funds present a risk of capital loss. Risks, ongoing charges and other fees are described in the KID/prospectus.
Proven expertise
Since Carmignac’s inception in 1989, our fixed income management team has grown year after year. Today, it is composed of experienced managers and analysts covering a wide range of strategies, regions and asset classes.
Source: Carmignac, 31/10/2025. *This data includes 13.9% (€5.6 billion) of cash and cash equivalents.
Whether through interest rate, credit or currency strategies, within developed or emerging markets, our range of fixed income Funds have been created and expanded over time through varying economic cycles to meet diverse investor needs, based on their investment objectives.
Awards methodology: The Funds Europe Awards follow a structured evaluation process. Entries were accepted from spring 2025 to June, with shortlisted submissions released at the end of June. Judges reviewed their allocated entries in July and August, assessing written materials and supporting documents and giving indicative scores from 1 to 5 (with 1 being low and 5 high). Final judging took place in London on 10–11 September 2025, with more than 40 judges across six sessions. Conflicts of interest were identified in advance and managed during the sessions. Indicative scoring helped shape discussions, but winners were selected solely through consensus. Special commendations were awarded in certain categories. While the names of all judges are published at the time of the Awards, Funds Europe does not disclose which categories each judge assessed. All engagement with judges remains confidential to ensure the integrity and quality of the Awards process.
The reference to a ranking or prize, is no guarantee of the future results of the UCITS or the manager. Past performance is not necessarily indicative of future performance.
The Carmignac fixed income range
Marketing communication. Please refer to the KID/KIID, prospectus of the fund before making any final investment decisions.
This material may not be reproduced, in whole or in part, without prior authorisation from the Management Company. This material does not constitute a subscription offer, nor does it constitute investment advice. This material is not intended to provide, and should not be relied on for, accounting, legal or tax advice. This material has been provided to you for informational purposes only and may not be relied upon by you in evaluating the merits of investing in any securities or interests referred to herein or for any other purposes. The information contained in this material may be partial information and may be modified without prior notice. They are expressed as of the date of writing and are derived from proprietary and non-proprietary sources deemed by Carmignac to be reliable, are not necessarily all-inclusive and are not guaranteed as to accuracy. As such, no warranty of accuracy or reliability is given and no responsibility arising in any other way for errors and omissions (including responsibility to any person by reason of negligence) is accepted by Carmignac, its officers, employees or agents.
Past performance is not necessarily indicative of future performance. Performances are net of fees (excluding possible entrance fees charged by the distributor). The return may increase or decrease as a result of currency fluctuations, for the shares which are not currency-hedged.
Reference to certain securities and financial instruments is for illustrative purposes to highlight stocks that are or have been included in the portfolios of funds in the Carmignac range. This is not intended to promote direct investment in those instruments, nor does it constitute investment advice. The Management Company is not subject to prohibition on trading in these instruments prior to issuing any communication. The portfolios of Carmignac funds may change without previous notice. The reference to a ranking or prize, is no guarantee of the future results of the UCIS or the manager.
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Access to the Funds may be subject to restrictions regarding certain persons or countries. This material is not directed to any person in any jurisdiction where (by reason of that person’s nationality, residence or otherwise) the material or availability of this material is prohibited. Persons in respect of whom such prohibitions apply must not access this material. Taxation depends on the situation of the individual. The Funds are not registered for retail distribution in Asia, in Japan, in North America, nor are they registered in South America. Carmignac Funds are registered in Singapore as restricted foreign scheme (for professional clients only). The Funds have not been registered under the US Securities Act of 1933. The Funds may not be offered or sold, directly or indirectly, for the benefit or on behalf of a «U.S. person», according to the definition of the US Regulation S and FATCA.
The risks, fees and ongoing charges are described in the KID (Key Information Document). The KID must be made available to the subscriber prior to subscription. The subscriber must read the KID. Investors may lose some or all their capital, as the capital in the funds are not guaranteed. The Funds present a risk of loss of capital.
The Funds’ prospectus, KIDs, NAVs and annual reports are available at www.carmignac.com/en, or upon request to the Management Carmignac Portfolio refers to the sub-funds of Carmignac Portfolio SICAV, an investment company under Luxembourg law, conforming to the UCITS Directive. The French investment funds (fonds communs de placement or FCP) are common funds in contractual form conforming to the UCITS or AIFM Directive under French law.
In the United Kingdom: the Funds’ respective prospectuses, KIIDs and annual reports are available at www.carmignac.com/en-gb, or upon request to the Management Company, or for the French Funds, at the offices of the acilities Agent, Carmignac UK Ltd, 2 Carlton House Terrace, London, SW1Y 5AF. This document was prepared by Carmignac Gestion, Carmignac Gestion Luxembourg or Carmignac UK Ltd. FP Carmignac ICVC (the “Company”) is an Investment Company with variable capital incorporated in England and Wales under registered number 839620 and is authorised by the FCA with effect from 4 April 2019 and launched on 15 May 2019. FundRock Partners Limited is the Authorised Corporate Director (the “ACD”) of the Company and is authorised and regulated by the FCA. Registered Office: Hamilton Centre, Rodney Way, Chelmsford, Essex, CM1 3BY, UK; Registered in England and Wales with number 4162989. Carmignac Gestion Luxembourg SA has been appointed as the Investment Manager and distributor in respect of the Company. Carmignac UK Ltd (Registered in England and Wales with number 14162894) has been appointed as a sub-Investment Manager of the Company and is authorised and regulated by the Financial Conduct Authority with FRN:984288.
In Switzerland: the prospectus, KIDs and annual report are available at www.carmignac.com/en-ch, or through our representative in Switzerland, CACEIS (Switzerland), S.A., Route de Signy 35, CH-1260 Nyon. The paying agent is CACEIS Bank, Montrouge, Nyon Branch / Switzerland, Route de Signy 35, 1260 Nyon.
The Management Company can cease promotion in your country anytime. Investors have access to a summary of their rights in English on the following links: UK ; Switzerland ; France ; Luxembourg ; Sweden.
For Carmignac Portfolio Long-Short European Equities: Carmignac Gestion Luxembourg SA in its capacity as the Management Company for Carmignac Portfolio, has delegated the investment management of this Sub-Fund to White Creek Capital LLP (Registered in England and Wales with number OCC447169) from 2nd May 2024. White Creek Capital LLP is authorised and regulated by the Financial Conduct Authority with FRN : 998349.
Carmignac Private Evergreen refers to the Private Evergreen sub-fund of the SICAV Carmignac S.A. SICAV – PART II UCI, registered with the Luxembourg RCS under number B285278.