DNCA Finance hires a new international portfolio manager to strengthen its range
David Park, Senior Portfolio Manager, Emerging Equity
DNCA Finance, an investment manager and affiliate of Natixis Investment Managers, with 59 staff across three offices in Paris, Milan and Luxembourg, announces the appointment of David Park as a senior portfolio manager, specialized on the emerging markets. He will reinforce Matthieu Belondrade’s portfolio management team and manage the DNCA Global Emerging Equity(1) fund alongside Matthieu and Alexandre Carrier.
David Park was born in Korea and is 42 years old. He began his career at Hyundai Securities in 2003, where he managed Korean equities for European investors.
David Park joined Carmignac Gestion as a specialist Asian market analyst in 2007, and later in 2012 he became portfolio manager for the Carmignac Emerging Discovery fund. Subsequently from 2015 until July 2019, he co-managed the Carmignac Emergents fund.
“David has demonstrated his expertise and outstanding insight into the emerging markets in his previous role. We are delighted to welcome him to our team, where his skills will be particularly useful in addressing the challenges raised by today’s markets” states Matthieu Belondrade, head of the emerging markets team.
Jean-Charles Mériaux, CIO at DNCA Finance, adds: “I am always pleased to welcome new expertise to extend and develop our portfolio management team. With David joining us, we now have 55 portfolio managers, each with their own expertise on our investment universe.”
(1)Sub-fund of the UCITS Natixis AM Funds managed by delegation.
About DNCA Finance:
DNCA Finance, a subsidiary of Natixis Investment Managers, is an asset management company set up in Paris in 2000 by wealth-management specialists acting on behalf of private and institutional investors. With a defensive slant, the company seeks to optimize the risk/return ratio on its portfolios. With a team of 159 staff, DNCA Finance has developed expertise in European and international equities (long only and absolute return), diversified fund management, convertible bonds and euro area bonds. In June 2018, DNCA Finance set up a new department to expand its SRI investment expertise. The quality of the company’s investment management, which regularly wins awards from the financial press, has enabled it to enjoy swift growth over the past twenty years. AUM currently stand at €27.5bn (as at 12/31/2021).
About Natixis Investment Managers
Natixis Investment Managers’ multi-affiliate approach connects clients to the independent thinking and focused expertise of more than 20 active managers. Ranked among the world’s largest asset managers1 with nearly $1.4 trillion assets under management2 (€1,199.4 billion), Natixis Investment Managers delivers a diverse range of solutions across asset classes, styles, and vehicles, including innovative environmental, social, and governance (ESG) strategies and products dedicated to advancing sustainable finance. The firm partners with clients in order to understand their unique needs and provide insights and investment solutions tailored to their long-term goals.
Headquartered in Paris and Boston, Natixis Investment Managers is wholly owned by Natixis. Natixis is a subsidiary of BPCE, the second-largest banking group in France. Natixis Investment Managers’ affiliated investment management firms include AEW; Alliance Entreprendre; AlphaSimplex Group; DNCA Investments;3 Dorval Asset Management; Flexstone Partners; Gateway Investment Advisers; Harris Associates; Investors Mutual Limited; Loomis, Sayles & Company; Mirova; MV Credit; Naxicap Partners; Ossiam; Ostrum Asset Management; Seeyond; Seventure Partners; Thematics Asset Management; Vauban Infrastructure Partners; Vaughan Nelson Investment Management; and WCM Investment Management. Additionally, investment solutions are offered through Natixis Investment Managers Solutions and Natixis Advisors, LLC. Not all offerings are available in all jurisdictions. For additional information, please visit Natixis Investment Managers’ website at im.natixis.com | LinkedIn: linkedin.com/company/natixis- investment-managers.
Natixis Investment Managers’ distribution and service groups include Natixis Distribution, LLC, a limited purpose broker-dealer and the distributor of various U.S. registered investment companies for which advisory services are provided by affiliated firms of Natixis Investment Managers, Natixis Investment Managers S.A. (Luxembourg), Natixis Investment Managers International (France), and their affiliated distribution and service entities in Europe and Asia.
1 Cerulli Quantitative Update: Global Markets 2021 ranked Natixis Investment Managers as the 15th largest asset manager in the world based on assets under management as of December 31, 2020.
2 Assets under management (“AUM”) as of September 30, 2021 are $1,390 billion. AUM, as reported, may include notional assets, assets serviced, gross assets, assets of minority-owned affiliated entities and other types of non-regulatory AUM managed or serviced by firms affiliated with Natixis Investment Managers. Excluding H2O Asset Management.
3 A brand of DNCA Finance.
Press Contacts :
Gunther De Backer
Olivier Duquaine