[Management Team] [Author] Gallardo Raphaël

Raphaël Gallardo

Chief Economist

27 years’ experience | Joined Carmignac in 2018

Biography

Raphaël Gallardo is Chief Economist within the Cross-Asset team. Raphaël joined Carmignac in 2018. He started his career in 1997 at BNP Paribas where he spent ten years as Quantitative Analyst within the Risk Department, Country-risk Economist, Financial Engineer specialized in interest rate risk, and ultimately cross-asset strategist. In 2007, he joined Axa IM as Head of Macroeconomic Research and moved to Rothschild & Cie Gestion in 2012 to occupy the same position. From 2013 to 2018 he was Cross-Asset Strategist at Ostrum Asset Management. Raphaël holds an Engineering Degree from Ecole National Supérieure des Mines de Paris.

Funds

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Carmignac – H1 2025 Outlook

Raphael Gallardo sets out our economic perspectives for H1 and Kevin Thozet describes our investment strategy in this environment.

Carmignac – H1 2025 Outlook

Raphael Gallardo sets out our economic perspectives for H1 and Kevin Thozet describes our investment strategy in this environment.

US elections 2024: The real elephant in the room

Raphaël Gallardo, Kevin Thozet, and Lloyd McAllister look ahead to the potential impact of the US election result on the economy, markets, asset allocation and sustainable investments.

US elections 2024: The real elephant in the room

Raphaël Gallardo, Kevin Thozet, and Lloyd McAllister look ahead to the potential impact of the US election result on the economy, markets, asset allocation and sustainable investments.