Mon, Nov 30, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Lazard A.M., Winton Capital open office, Templeton, Carmignac increase head-count in Zurich

Friday, September 28, 2012

Benedicte Gravrand, Opalesque Geneva - According to Swiss daily Le Temps, U.S. asset manager Lazard Asset Management opened an office in Zurich last week to better serve its investors. Lazard counts 3,000 institutional investors among their client. Andreas Hubner, a director at Lazard, told Le Temps that there were two incentives for this move; the changes that are taking place in the Swiss banking market are leaving room for manoeuvre for asset management boutiques "in virtue of the principle of open architecture." And Lazard A.M., which has more than $134.8bn in assets under management, is also taking advantage of the demand for its investment specialisations, namely emerging markets (30% of assets there) and global equities. We heard earlier this week that the assets of the Matrix Lazard Opportunities Fund had been merged into the just-launched Lazard Opportunities Fund, a relative value capital structure and convertible arbitrage fund and a sub-fund of Lazard Global Investment Funds plc, an Irish-registered UCITS fund.

Templeton, another large U.S. asset manager, has tripled its head count in Switzerland since the beginning of the crisis to 15 ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Hedge fund marketing and the selling cycle[more]

    By Bruce Frumerman. How long is the selling cycle now? That’s a question my financial communications and sales marketing consulting firm has been asked on a regular basis by hedge fund firm owners and sales people, ever since we opened the doors to our firm in 1987 pre-crash. Wa

  2. People - Solus Alternative Asset Management adds chief strategist from BTIG[more]

    From Daniel Greenhaus joined hedge fund manager Solus Alternative Asset Management as managing director and chief strategist. He will work closely with Chris Bondy, Solus’ chief economist, managing director and executive vice president, said Chris Pucillo, CEO and chief investmen

  3. Opalesque Roundtable: Seeding deal terms can be onerous for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Executives from fund of funds firms, family offices, a placement agent, a private equity firm, and an accounting firm gathered in Connecticut last month for the

  4. Opalesque Roundtable: Family offices flock to co-investment[more]

    Bailey McCann, Opalesque New York: Co-investments have been a hot topic for pension funds in recent years, as they try to move away from high fees and improve transparency. But now, family offices are more readily getting into the mix and establishing in-house deal teams, according to the delega

  5. More institutional investors invest in CTAs compared to last year despite dissatisfaction with performance[more]

    Benedicte Gravrand, Opalesque Geneva: "Despite a strong start to 2015 for CTAs in Q1, commodity market conditions have made return generation difficult for fund managers over much of the rest of the year to date," says Preqin’s November