Lazard's Ryan seeking overseas yield opportunities

Lazard's global equity income manager Patrick Ryan favours high dividend yielding companies, believi...

Lazard's global equity income manager Patrick Ryan favours high dividend yielding companies, believing them to have better earnings growth. "We feel that to focus on yield leads you towards better managed companies that are better stewards of shareholder capital," he said.  He believes regions beyond the UK are presenting better stock opportunities, finding particular ideas in the US and Japan. "Because of faster yield growth outside the UK, the yield premium in the UK has dwindled over time," he added. He said although Japan is historically a tough place to invest, stocks such as t...