Lazard hires two in Frankfurt from ING for global equities funds
Lazard Asset Management’s German operations have hired two senior managers in Frankfurt from ING Investment Management’s Global Opportunities fund, to boost its $33bn investments in global shares.
Tycho van Wijk and Tjeert Keijzer were previously lead investment manager and investment manager for ING Global Opportunities fund.
They join Lazard Asset Management Deutschland on 1 May as manager and analyst respectively.
They will construct and build a portfolio which invests globally in shares without specific restrictions. This will be available as individual mandates and as a public fund.
They will take responsibility also for the LAM Global Trend Portfolio, working closely with the existing team including Ulrich Schweiger and Beatrix Eisenblaetter. The team is supported by over 200 investment professionals globally.
John Reinsberg, deputy chairman of LAM, international and global strategies, said: “Clients are increasingly looking for strategies which allow flexible investments, globally and without specific limitations, in different regions and sectors.”
Van Wijk joined ING Investment Management in 1998 and took over the management of ING Global Opportunities fund in 2005. He was responsible as senior investment manager for equities for the strategy, portfolio construction and stock selection.
Keijzer joined ING in 2007 and since 2009 was also responsible for the Global Opportunities fund. Previously he was an analyst for Aegon Asset Management and a portfolio manager in the quantitative equities team at ABN Amro Asset Management.
By the start of this year LAM ran over $33bn in global equity portfolios. It, and related asset management groups within the wider Lazard Group, run client assets of $155.3bn.