Alex Ingham has left Aviva Investors to join Lazard Asset Management where he will launch a small-cap emerging markets fund for retail investors.
Lazard Asset Management is planning a fund located in Ireland, based on the group's $500m multi-asset class emerging markets investment program, which has run in a US-based portfolio since mid-2009.
Multi-managers at OPM Fund Management are targeting funds in emerging markets and energy sectors in the recently-launched Worldwide Opportunities fund.
‘If in doubt, delegate' seems to be the mantra of a growing number of investors this year, as asset allocation portfolios giving managers discretion to shift capital between markets are a popular choice.
The highest dividend growth is seen when there is a sharp rise in inflation and grow least when inflation is stable, says Patrick Ryan at Lazard Asset Management.