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Alert: DNCA Finance identity theft. DNCA Finance, an affiliate of Natixis Investment Managers, draws the public's attention to the impersonation of DNCA Finance by various individuals or companies based abroad, including a company presenting itself as a financial services company called "Influx Finance". These individuals and companies fraudulently refer to the name of DNCA Finance or DNCA Investments in their dealings with individuals to recommend investments of various kinds (bitcoin, gold, shares, etc.).
Fixed income
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François Collet
CIO - Portfolio manager

François Collet joined Natixis Global Asset Management in 2003 as a fixed income portfolio manager. For three years, he managed three bond funds with total assets of €750 million.

In 2006, he joined La Française AM as Deputy Head of Fixed Income Management. Over eleven years, he was responsible for five funds with total assets of €2.6 billion.

On September 1, 2017, François joined DNCA Finance as a fixed income portfolio manager.

On January 5, 2022, he was appointed Deputy Chief Investment Officer (Deputy CIO) of DNCA Finance, and on October 1, 2025, he became CIO at DNCA Finance.

Pascal Gilbert
Portfolio manager

Pascal Gilbert began his career in 1987 at Banque Fédérative du Crédit Mutuel as a prop trader. In 1998 Pascal joined Banque de Financement et de Trésorerie where as Head of Eurozone bond portfolio management. He then joined La Française in 2001 as Head of bond funds, he was in charge of a team of seven and he managed more than €15bn, including the Multistratégies Obligataires Fund which was rated 5 stars by Morningstar. He was ranked AAA by Citywire.

In September 2017, Pascal Gilbert joined DNCA Finance.

Romain Grandis, CFA
Portfolio-Manager - CFA

Romain Grandis, CFA charterholder, holds a degree in civil engineering from the Ecole des Mines and an Actuarial qualification from the ISFA financial science and insurance institute in Lyon.

He began his career at CIC Lyonnaise de Banque in 2004, and in 2005 joined MMA Finance, part of the Covéa group, as a fund manager and quantitative analyst on European equities. In 2010, he joined Covéa Finance, using his quantitative analysis skills across all asset classes. In 2011, Covéa Finance appointed him to manage insurance mandates for the group’s various entities.

Romain joined DNCA Finance in May 2016 as co-fund manager in both the bond and diversified fund management teams.

*CFA® and Chartered Financial Analyst ® are registered trademarks of the CFA Institute.

Adrien Le Clainche
Portfolio Manager

Adrien Le Clainche holds a Master 2 in Financial Management from the University of Paris X - Nanterre.

He began his career in 2006 with various experiences in asset management within the Candriam, Credit Suisse and Rothschild & Co banking groups.

In October 2010, he joined DNCA Finance in the fixed income and diversified team and became manager in 2014.

Baptiste Planchard, CFA
Portfolio Manager - Analyst - CFA

Baptiste Planchard, CFA* - Analyst, is a graduate of business school ESC Reims and holds a degree in History.

Following an initial role in Sales trading at Oddo & Cie in 2013, he joined DNCA Finance in July 2014 and is involved in both the bond and diversified fund management teams.

*CFA® and Chartered Financial Analyst ® are registered trademarks of the CFA Institute.

Fabien Georges
Portfolio manager

Fabien Georges holds a Master's degree in Applied Economics and a Master II Asset Management 222 from Paris Dauphine University.

Fabien Georges began his career at Avenir Finance IM in 2007 in diversified management. In 2011, he joined La Française AM group where he held various management and financial engineering responsibilities. In 2014, he joined Groupama SA as a portfolio manager, which he left a year later for Convictions AM, where he held a position of manager of flexible multi-asset class funds.

In June 2019, he joins DNCA Finance in the Absolute Bond Performance team, as portfolio manager.

Félix Haron
CFA - Fund manager

Félix Haron is a CFA charterholder, holds graduate of ESC Toulouse and holds a postgraduate specialist master's degree in Financial Engineering from Paris IX Dauphine University.

He began his career at BNP Paribas, as a convertible bond specialist. After a variety of experiences in trading and asset management, Félix joined the convertible management team of BNP Paribas Asset Management.

He joined DNCA Finance in September 2013.

Olivier Habault
Portfolio Manager - Analyst

Olivier Habault is a graduate of HEC Paris and holds a CFA.

He began his career at Exane BNP Paribas in the equity sales and arbitrage teams and then in banking sector research.

He joined DNCA Finance in June 2017 where he initially worked in the convertible bond teams. At the end of 2019, he joined the European equity teams.

Jean-Paul Ing
Portfolio Manager - Analyst - CFA

Jean Paul Ing holds an engineering degree in Mathematics and a Master’s in Finance from Paris IX Dauphine University. He is also a CFA® charterholder.*

He began his career in 2015 at Ostrum AM, where he joined the convertible bond management team. He started by working on the European market before quickly specializing in U.S. and Asian convertible bonds.

In October 2020, he joined DNCA Finance as a convertible bond manager.

*CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

Denis Passot
Portfolio Manager

Denis Passot holds a master’s degree in Statistics from Statistics Institute of Paris (ISUP).

He began his career in 1985 as a portfolio manager at B.P.G.F. In 1988, he joined CIC Group as a mutual fund manager. In 1991, he joined CDC Ixis Asset Management as a portfolio manager on Euro corporate and sovereign bonds. From 1996, he expanded his activities in convertible bond portfolio management and in synthetic credit strategies. In 2005, he was appointed co-Head of the insurance investment team. From 2008 onwards, he has been solely dedicated to Euro and Global convertible bond portfolio management.

In October 2020, he joined DNCA Finance as a convertible portfolio manager.

Nolwenn Le Roux, CFA
Portfolio Manager - CFA

Graduated from the École Normale Supérieure in 2002, with a Master's degree in Finance from Paris-Dauphine, and a CFA charterholder*.

She has solid experience in the credit market, with specific expertise in the High Yield segment. She has a strong track record, with no corporate defaults in her portfolios since 2011. Before joining DNCA, she spent nine years at Natixis AM and then Ostrum Asset Management, where she headed the High Yield, Convertible, and Total Return management teams. Previously, she was a Senior High Yield Portfolio Manager at Amundi from 2005 to 2010.

She joined DNCA Finance in 2020.

*CFA® and Chartered Financial Analyst ® are registered trademarks of the CFA Institute.

Ismaël Lecanu
Portfolio manager

Ismaël Lecanu holds a Master’s degree in Economics from Panthéon-Sorbonne University and a postgraduate degree (DESS) in Banking & Finance from Université Paris Cité.

He served as Head of European IG and HY Credit at AXA IM. A specialist in the Banking and Insurance sectors, he was responsible for managing flagship funds and mandates in the credit market, as well as flexible and multi-asset funds on the fixed income side (corporate bonds, ABS, CLOs, etc.). Prior to that, Ismaël Lecanu was Head of Fixed Income Management within the Klésia social protection group.

In 2023, he joined DNCA Finance.

Jean-Marc Frelet, CFA
Portfolio manager

Jean-Marc Frelet is a CFA® charterholder and a graduate of Pierre and Marie Curie University.

He held the position of IG and HY credit portfolio manager at AXA IM. A specialist in the Banking and Transportation sectors, he notably contributed to the development of a bond valuation tool for portfolio management teams. Previously, he worked as a Financial Engineer at La Française and as a Quantitative Engineer at Société Générale in Hong Kong.

In 2023, he joined DNCA Finance.

*CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

Thibault Chrapaty
Portfolio manager

Thibault Chrapaty holds a Master's degree in Finance from EM-Lyon.

He has solid experience in the High Yield markets, both European and especially American, which constitute his main area of expertise.

He began his career in London in 2006 at Royal Bank of Scotland in the trading room. In 2010, he joined ANAXIS AM, where he managed several HY funds. After that, he joined La Française AM in 2014, where he managed over 2bn in HY bonds (mature funds, insurance equity, pockets of global macro funds...). After that he spent 3 years at TOBAM where he co-managed various HY funds (mainly US).

In January 2024, he joined DNCA's Global Macro team.

Paul Lentz
Bond analyst

Paul Lentz holds a Masters in Management with a specialization in Market Finance from ESSEC University as well as a Bachelor in Mathematics from McGill University.

After more than two years working as a collateral trader at Morgan Stanley in London, Paul joined DNCA’s “Global Macro” team in November 2023.