Lazards' Ryan using global barbell approach

Global Equity Income manager blends high-yielding blue chips with fast-growing smaller companies, currently focusing on technology and financials. By John Kenchington

PATRICK RYAN - Senior vice-president, Lazard Asset Management. - Joined Lazards in 1994. - Prior to joining Lazard, he was an equity analyst at Hutson Management. Lazards' global income manager Patrick Ryan is currently looking to benefit from recovery in the financials sector and an increasing tendency towards dividend payments among technology stocks. He claims to have successfully injected his global dividend strategy into the group's Global Equity Income offering, which launched in October last year. The fund targets a 5% annual yield with long-term capital appreciation and ...