Édouard Carmignac

Édouard Carmignac (born 5 September 1947 in Paris) is a French investment banker and fund manager.^[1] He currently is the head of Carmignac Gestion, an investment firm that bears his name. Carmignac graduated in economics from the University of Paris and received an M.B.A. from Columbia Business School. Prior to Carmignac Gestion, he had spells with Blyth, Eastman, Dillon & Co. in New York City and BNP Paribas in Paris. In 1984 he joined stockbrokers Hamant & Cie and subsequently played an instrumental role in the creation of the firm's fund management subsidiary, Pyramide Gestion.

In 2000, he creates the Carmignac Foundation, a corporate foundation that promots modern art and award a photojournalism prize every year. The foundation opens its collection to the public in June 2018 on the Island of Porquerolles. ^[2],^[3] The foundation is run by his son, Charles Carmignac.^[4]

In July 2012 Carmignac openly tried to influence the policies of French president Francois Hollande with an advertisement in the Financial Times concerning taxes on the rich.^[5] Jean-Marc Ayrault, the French prime minister, denounced claims that taxes on the rich "were damaging" and vowed to press ahead with tax rises promised by the Socialist government.^[6]

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