Lazard to launch Developing Market equity strategy to UK

clock

Lazard is launching its growth-orientated Developing Markets equity strategy to UK investors on 30 September.

The strategy, which has been run in the US since October 2008, is managed by the group’s developing markets equity team, led by Kevin O’Hare and Peter Gillespie. It has delivered a 30.8% return from inception to end Q2 2010, against a 23.4% rise for its MSCI Emerging Markets benchmark. The launch comes after Lazard soft-closed its successful Emerging Markets equity strategy, run by James Donald, earlier this year. This strategy has in excess of £18.5bn under management. While Donald’s value-orientated product has performed strongly over the past decade, O’Hare and Gillespie expect ...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

European-focused investment grade and high yield credit have highest inflows since April 2020.

Fixed income dominates ETF flows in July

Accounted for $32.5bn

clock 08 August 2022 • 2 min read
The bank’s 0.5% hike is the largest increase since it gained independence in 1997.
UK

Bank of England predicts recession as it enacts largest rate hike in 27 years

Inflation peak of 13%

Elliot Gulliver-Needham
clock 04 August 2022 • 2 min read
Total funds under management have fallen on the previous year, down to £1.4trn from June 2021’s £1.5trn.

Every asset class suffers outflows in second worst month on record

Responsible investment holds up

James Baxter-Derrington
clock 04 August 2022 • 2 min read
Trustpilot