Edward Lam to leave Somerset Capital to 'pursue other opportunities'

New dividend growth team to be announced 'in due course'

Lauren Mason
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Somerset Capital's Edward Lam
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Somerset Capital's Edward Lam

Manager of the £486m Somerset Emerging Markets Dividend Growth fund Edward Lam will leave the company later in the year to "pursue other opportunities", the company confirmed today (16 September).

Lam, who has been lead manager of the fund since its launch in 2010, will be replaced by a new dividend growth team from another firm, according to Somerset, which will be named "in due course". The new team, which will join Somerset's 20-strong group of analysts and fund managers, will be headed up by a portfolio manager with more than 25 years of portfolio management experience. Mirabaud AM hires from Aviva Investors for GEM equities role Lam will remain at the fund's helm until the new lead manager joins in October to "ensure a smooth transition". Senior analysts on Somerset Eme...

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