Sat, Jun 25, 2016
A A A
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. Opalesque Roundup: Hedge funds shrink as liquidations outpace new launches in Q1: hedge fund news, week 27[more]

    In the week ending 17 May, 2016, HFR said hedge fund liquidations declined narrowly to begin 2016 after rising sharply to conclude 2015, as investors positioned f

  2. Europe - Hedge funds keep powder dry over big Brexit bets, Hedge funds sense profit in Europe shock waves after Brexit vote, Soros warns Brexit may cause pound plunge worse than Black Wednesday, After Brexit: What will happen if Britain votes to leave the UK?[more]

    Hedge funds keep powder dry over big Brexit bets From FT.com: Hedge funds are shying away from big bets on Brexit, with many unwilling to risk further losses having already suffered a painful first half of the year. With the outcome of a UK vote on the country’s membership of the Europea

  3. News Briefs - ’Flash Boys’ get green light to launch stock exchange, Pimco says ‘storm is brewing’ in U.S. commercial real estate, Bankers get ready to rumble at Hedge Fund Fight Night, AIMA Australia celebrates 15th anniversary[more]

    ’Flash Boys’ get green light to launch stock exchange In an investing environment ruled by fast, the newest U.S. public stock exchange is banking on slow. Well, slower. IEX Group, which won Securities and Exchange Commission approval on Friday to go head-to-head with the New York Stock E

  4. Blackstone buys minority stake in New York-based credit hedge fund Marathon[more]

    Benedicte Gravrand, Opalesque Geneva: Blackstone Strategic Capital Holdings Fund, a vehicle managed by Blackstone Alternative Asset Management (BAAM), has acquired a passive, minority interest in Marathon Asset Management, for an undisclosed sum. Based in New York,

  5. Global markets fell, hedge funds gain in mid-June on Brexit, Fed rate concerns[more]

    Komfie Manalo, Opalesque Asia: Global financial markets declined through mid-June, as uncertainty associated with the upcoming Brexit referendum and expected U.S. Fed interest rate hike contributed to increases in volatility across asset classes, data provider