Carlos Galvis has stepped back from co-managing the €6.2bn (£5.1bn) Carmignac Sécurité bond fund to focus on running the multi-asset £1.1bn Carmignac Capital Plus fund.
Keith Ney has been appointed as sole manager on the Sécurité fund, having been co-managing the fund since January 2013.
Mr Ney, who has been at Carmignac Gestion for nine years, will continue as head of credit within he fixed income team headed up by Rose Ouahba.
