Nicolas Jullien has been appointed global head of fixed income for asset management firm Candriam, effective Jan. 1, 2025, according to a news release.
Jullien will succeed Philippe Noyard, who will retire after a 35-year career at Candriam in the first quarter of 2025. Jullien will be based in Paris and will report to Nicolas Forest, chief investment officer at Candriam.
In this expanded role, Julien will continue to serve as head of high yield and credit arbitrage while leading the fixed-income leadership team, collectively managing €32 billion ($35.6 billion) in assets and 41 investment professionals covering global bonds, money market, emerging market debt and convertibles.
Forest said: “Candriam's fixed income offering is a crucial pillar and a key growth area for our firm. As we enter a new easing cycle with the return of negative correlation between bond prices and yields, the markets present promising opportunities. Nicolas and the team, with their in-depth knowledge and extensive expertise, are well-positioned to capitalize on these opportunities and continue delivering exceptional value to our clients in the years ahead.”
Candriam manages approximately €149 billion in assets under management with a team of more than 600 professionals and has client representatives in more than 20 countries throughout continental Europe, the U.K., the U.S. and the Middle East.
