Candriam overhauls thematic global equity team in succession planning push
As part of the leadership transition, Candriam has appointed Servaas Michielssens as head of healthcare, returning to the firm after a 16-month tenure at a private equity firm.
Johan Van der Biest, currently deputy head of thematic global equity, will succeed Van den Eynde upon his retirement next year. Until then, they will work together as co-heads of the team of 21 investment professionals.
Van den Eynde has worked at the asset manager since 1998, when he joined the firm as a senior equity fund manager. He became head of thematic global equity in 2012 and currently manages the Candriam Biotechnology and Candriam Oncology funds.
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Having joined the firm in 2003 as a senior equity manager, Van der Biest is currently the lead manager for the Candriam Robotics and Innovative Technologies fund. There will be no changes to his fund management responsibilities and he will not be replaced as deputy head of thematic global equity.
As part of the leadership transition, Candriam has appointed Servaas Michielssens as head of healthcare, returning to the firm after a 16-month tenure at a private equity firm.
Based in Brussels, he will oversee Candriam's healthcare offering, which manages more than $4bn in assets. In his new role, he will lead the firm's life care strategy alongside co-manager Pierre Vaurice, having previously served as co-manager of the biotechnology and oncology strategies.
The asset manager has also appointed Linden Thomson as senior fund manager to lead Candriam's biotechnology and oncology strategies, effective 19 February, who will based in London.
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