Carmignac's Note
The burden of inflation isn’t the same in the US and Europe
The strong inflationary pressure impacting the global economy is manifesting itself differently in the US and Europe.
Frédéric Leroux is Head of the Cross Asset team and a Fund Manager at Carmignac. Frédéric joined Carmignac in 1995 as a Fund Manager. Then, he founded a FCIMT (Managed Futures Funds) and worked consecutively for BNP Paribas Equities and HSBC CCF as a Securities adviser on equity market derivatives strategies. He returned to Carmignac in 2003 to become a Global Fund Manager, Head of Cross Asset, covering macroeconomic research and hedging. Frédéric graduated from the Institut d’Economie Scientifique et de Gestion (IESEG), Lille, France.