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Lazard expands UK equity team

Lazard Asset Management has appointed Lloyd Whitworth as a portfolio manager to its UK equity team.

Lazard’s UK team is led by Alan Custis and includes Alan Clifford, Paul Mangat and Neil Millar.

Whitworth previously worked alongside Custis at JP Morgan and will work with him as portfolio manager on the Lazard UK alpha, UK omega and UK diversified strategies.

Whitworth joins with eighteen years’ investment experience, having held UK fund management positions at Citigroup, Morley Fund Management, JP Morgan Asset Management, First State Asset Management and Dresdner RCM.

Lazard Asset Management CEO Bill Smith says: “This appointment is a significant addition to our UK equity portfolio management team. We believe that Lloyd’s extensive experience will be ideally suited to our investment approach.”


Pension transfers

I have 30 employees and I am about to take on five new employees from another company where, under TUPE – Transfer of Undertakings (Protection of Employment) Regulations 1981 – it has been agreed that I will contribute into a pension for them. What are my options?


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