Money Management

La Francaise appoints head of fixed income

Maud Minuit was named head of fixed income at La Francaise, said a spokesman for the firm.

The spokesman said La Francaise does not want to communicate whom she replaced.

Ms. Minuit is based in Paris in the fixed income and cross-asset division. Fixed income represents close to €9 billion ($10.5 billion) of the firm's €64 billion in total assets under management.

She supervises a team of managers and is responsible for money market, fixed income, total return bond and inflation-linked money management.

She was head of fixed income and foreign exchange at Groupama Asset Management, said a news release. Spokesmen for Groupama could not be reached for comment by press time.