The daughter of the founder of €33bn ($47.3bn) French asset manager Carmignac Gestion has returned to the firm she is tipped one day to lead.

Maxime Carmignac, the 30-year old daughter of Carmignac Gestion's chairman and founder Edouard Carmignac, has returned from a stint at two hedge fund firms. She is now the sole portfolio manager of the €100m Carmignac Market Neutral fund that she co-managed through its first year in 2007 with Keith Ney.

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Pedro Guazo, who joins in August, will also oversee the $1.3tn asset manager’s responsible investment platform globally

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Carmignac welcomes back heir apparent

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