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Asset Management appointments and reinforcement of key investment capabilities

Press release - 6/4/2019

In short
  • Benjamin Melman is appointed Global Chief Investment Officer, Asset Management
  • Michael Nizard is named Head of Asset Allocation & Sovereign Debt
  • Christophe Foliot and Jacques-Aurélien Marcireau are appointed Co-Heads of Equity
  • Alain Krief will join the firm as Head of Fixed Income

Edmond de Rothschild is focusing on in-house talent and reaffirming its attractiveness

Edmond de Rothschild Asset Management is committed to promoting in-house talent and is pleased to announce the following promotions: 

Benjamin Melman, previously CIO Asset Allocation and Sovereign Debt, has been appointed Global CIO Asset Management. He will supervise all Edmond de Rothschild Asset Management’s investment teams and will join the Group’s Asset Management Executive Committee. 

The investment platform is now organised around 4 sub-investment divisions: Asset Allocation & Sovereign Debt, Equity, Fixed Income, SRI: 

  • Michaël Nizard takes the responsibility of the Asset Allocation and Sovereign Debt division,
  • Christophe Foliot and Jacques-Aurélien Marcireau take the responsibility of the Equity division,
  • Jean-Philippe Desmartin continues to lead the SRI team with a cross-functional approach across the large spectrum of the asset classes managed,
  • Alain Krief will join the Edmond de Rothschild Group overseeing the Fixed Income division

Thus, in his new role, Alain Krief will take on the responsibility of both Corporate Debt and Convertible Bonds expertise from 1 July 2019. His extensive experience as well as excellent track record represent a key asset for our investment management platform. 

The other appointments are effective immediately. 

This evolution combines the promotion of highly experienced and expert fund managers, who have proved their value and quality within the Group, with an external professional widely recognized in the industry for his investment flair. 

These recent changes will help us keep developing our high-conviction and active approach in the management of portfolios with the aim to create long term value and meet our investors’ needs. 

“As a conviction-driven Investment House, we strive to provide our investors with transparent, high performance solutions which showcase our capacity for innovation and differentiation. I am sure that everyone will do their best to reach this ambitious goal and I would like to congratulate them all, and wish Alain a warm welcome”, commented Christophe Caspar, Global CEO at Edmond de Rothschild Asset Management.

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Benjamin Melman joined the Edmond de Rothschild Group in 2006 as Head of Allocation, Structured and Quantitative Investments. In 2009, he was appointed Head of Absolute Return before becoming Head of Asset Allocation and Sovereign Debt in 2012. He was appointed CIO Asset Allocation and Sovereign Debt in 2018. Benjamin started his career in 1995 as an economist at CDC Gestion before joining Crédit Lyonnais in 1998 in the same role. In 2000, he was appointed Head of Investment Strategy at Crédit Lyonnais Asset Management and in 2002 at Crédit Agricole Asset Management. Benjamin Melman is an ENSAE graduate and has a Masters in Currencies, Banking and Finance from the University of Paris I Panthéon – La Sorbonne. 

Michaël Nizard joined Edmond de Rothschild in May 2008 as a Fund manager specialized in derivative instruments to reinforce our asset allocation capabilities. He was appointed deputy CIO Asset Allocation and Sovereign Debt since February 2019. He is a graduate of the Ecole Supérieure des Sciences Commerciales Appliquées. He first worked as an interest rate and derivatives trader at the Caisse des Dépôts et Consignations. He then spent 5 years at Ixis AM before moving to Société Générale Corporate & Investment Banking where he was Co-Head of Global Macro Proprietary Trading. 

Christophe Foliot joined Edmond de Rothschild in 2003 as a US Equity Fund manager. He has since run international equity funds and in 2008 was appointed Head of US and International Equities. Christophe started his career in 1994 at Knight-Ridder Inc in New York in the financial research department. In 1995, he joined the Banque Vernes as a buy-side analyst before moving in 1999 to BNP Paribas Asset Management, where has was a buy-side analyst and then head of fundamental equity investing in the North American zone. He has an MBA from the City University of New York (Baruch College), is a member of the Société Française des Analystes Financiers (SFAF) and a Chartered Financial Analyst (CFA). 

Jacques-Aurélien Marcireau joined Edmond de Rothschild in March 2009 as a US and International Equity analyst. In October 2018, he was appointed Co-Head of International equities and Deputy Head of Equities with a transversal innovation brief. He is a graduate of the Institut d'Etudes Politiques in Lille and has a Masters in Economics and Financial Analysis from the University of Lille 2. He is a Chartered Financial Analyst (CFA). 

Jean-Philippe Desmartin joined our Group in September 2016 as Head of Responsible Investment team. He is a graduate of the Paris University II (business law and management) as well as the IEP in Paris (finance and economics). He started his career in 1993 in the financial engineering department at Crédit du Nord. From 1997 to 1999, he was a project manager at the Alpha Group before moving to the extra-financial agency ARESE as Head of Development. In 2003, he was a director at Innovest and then in 2004 founded his own consultancy business, Desmartin Conseil. From 2005, he was Head of ESG (Environment, Social and Governance) research at Oddo Securities. 

Alain Krief started his career as a consultant at Andersen Consulting and then became IT project head at Crédit Lyonnais. He then worked as a trader at Crédit Lyonnais before becoming Head of High Yield Europe at Crédit Lyonnais Asset Management/Crédit Agricole Asset Management. In 2005, he joined BNP Paribas Asset Management where he held several major positions including Co-Head of Total Return portfolios, Head of High Yield Europe and Global Head of Credit Investments. In 2012, Alain Krief joined Oddo BHF AM as Head of Fixed Income & Convertibles. Alain is a graduate of the Ecole Nationale Supérieure d’Ingénieurs (ENSI) in Caen (1989) and has a DEA in Artificial Intelligence from the University of Caen (1989).

Elément complémentaire



ABOUT EDMOND DE ROTHSCHILD
Edmond de Rothschild is an ambitious, independent family-run investment house founded in 1953, which specialises in private banking and asset management based on the idea that wealth should be used to create tomorrow’s world. In all its activities, the Group focuses on bold strategies and long-term investments which are rooted in the real economy – infrastructure, healthcare and impact investing.
The Group has 150 billion euros in assets under management, 2,700 employees and 32 sites worldwide as of 31 December 2018. It is also active in corporate finance, private equity, real estate and fund services.