Nicolas Jullien will succeed Philippe Noyard as global head of fixed income at Candriam as Noyard completes a 35-year career at the firm.
Noyard joined Candriam in 1989, previously holding the position of portfolio manager for Neuflize Schlumberger Mallet. Jullien will take over following Noyard’s retirement in January 2025, bringing 17 years of experience at Candriam. He is currently the head of high yield and credit arbitrage, with the high yield platform now managing over €8bn in assets.
As global head of fixed income, Noyard will oversee the fixed income leadership team, which manages €32bn in assets. He will also continue to head the high yield credit and arbitrage team.
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Nicolas Forest, chief investment officer at Candriam, said: “We extend our heartfelt thanks to Philippe for his contributions throughout his distinguished 35-year career at Candriam. His leadership has been pivotal in elevating Candriam’s Fixed Income platform to a market-leading position. We also warmly congratulate Nicolas on his well-deserved promotion to global head of fixed income. His proven expertise and dedication ensure that we are well-positioned to continue our tradition of excellence and innovation in fund management.
“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 capitalise on these opportunities and continue delivering exceptional value to our clients in the years ahead.”
