Lazard AM launches thematic inflation opportunities fund

40-80 holdings across five to eight themes

Lazard Asset Management has launched a thematic inflation opportunities fund, targeting investors who are looking for alternative methods to attract returns amid spiralling consumer prices.

The Lazard Thematic Inflation Opportunities fund (LTIO) will comprise 40-80 equity holdings with market capitalisations of $1bn or more, spanning five to eight themes designed to capitalise on higher structural inflation, According to the fund's rationale, investors may be unprepared for a "tipping point in inflation" coming after a prolonged 40-year period of disinflation.  Steve Wreford, portfolio manager on the Lazard Global Thematic Equity team, argued the world is undergoing crucial demographic shifts, as well changes across economic policy, fuelling structurally higher inflation...