lazard

ON UK INCOME

THE BIG QUESTION

ONE TO WATCH

A planned deal which would create one of the largest asset managers in Europe grabbed our readers' attention this week.

Lazard Asset Management's UK business has seen profits fall sharply by 75% in 2012 following a rise in outflows as well as a jump in costs.

Buyers fear increased stock-specific risk as active EM funds run high weightings to developed markets.

Bertrand Cliquet, fund manager of the Lazard Global Listed Infrastructure Equity fund, explains his fund's strategy and where he believes there is value in the sector.

ON UK INCOME

ON UK INCOME

EQUITIES