Mid Wynd International completes switch to Lazard Asset Management

From Artemis

Mid Wynd International investment trust has completed the transfer of management from Artemis to Lazard Asset Management, the board confirmed today (2 October).

The change was prompted by the departures of Alex Illingworth and Rosanna Burchieri, as well as the imminent retirement of Simon Edelsten from Artemis. Mid Wynd International swaps investment manager from Artemis to Lazard The new managers, Louis Florentin-Lee and Barnaby Wilson, will retain Artemis' focus on quality global companies as well as its valuation discipline, the board said. However, they will move away from the previous managers' strategy of building the fund around a series of secular growth themes, and instead concentrate on buying companies that "generate sustainably...