Carmignac has bolstered its investment team with the appointment of Lloyd McAllister as head of sustainable investment.
Lloyd brings significant experience in sustainable investing to Carmignac, joining from Newton Investment Management where he worked for four years, most recently as head of ESG research and a member of the firm’s senior leadership team.
Lloyd’s appointment coincides with the decision by Sandra Crowl, stewardship director, to retire at the end of January 2023. Sandra will work with Lloyd over the coming weeks to ensure a smooth handover of responsibilities.
Lloyd is based in London and reports to Maxime Carmignac, managing director of Carmignac UK and executive sponsor of ESG at Carmignac. In his position, Lloyd will head Carmignac’s sustainable investing team. The team is dedicated to supporting the fund management team with extra-financial analysis, thematic research and company engagement, as well as advising the business on sustainable investing trends and ESG regulation. Further, Lloyd will be responsible for executing the firm’s strategic sustainable investment roadmap. This includes supporting Carmignac’s ESG regulation group, helping further capitalise on Carmignac’s existing ESG framework, including its proprietary research system START, and identifying opportunities for the business to deepen its footprint on its chosen ESG areas of focus: Climate, Empowerment and Leadership. Lloyd also joins Carmignac’s Strategic Development Committee.
Maxime Carmignac comments:
“As a high-conviction active manager, sustainable investing is at the heart of our business and investment process. It is also one of our client’s top priorities and the demand for transparent, differentiated and genuinely sustainable investment solutions continues to grow. I’m thrilled that Lloyd will be joining the team. His deep experience in both ESG research and analysis will help us capitalise on the many opportunities available, as well as navigate the increasingly complex regulatory environment.”
“I also want to wish Sandra Crowl the very best for her retirement. Over the last decade, we have witnessed a profound evolution in the ESG investing landscape. Sandra’s guidance and insight have been invaluable to all at Carmignac as we managed this shift. I want to thank her for her leadership and the significant contribution she has made to our business.”
Lloyd McAllister says:
“Carmignac is well known for its bold approach and, as a family business, a long-term mindset putting sustainability at the core of its investment approach. I look forward to joining the business at an exciting time in its development and working with the team to further expand its sustainable investing framework.”