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The Duncan Update

Sarasin Investment Management is launching a thematically managed investment fund. The EquiSar ex-UK global thematic fund will invest in predominantly blue-chip equities globally but will exclude investments quoted in the UK.

Cofunds has added Credit Suisse Asset Management and Perp-etual to its fund supermarket, taking the total number of funds to 265.

Lazard Asset Man-agement has appointed Kieron Launder as head of independent managed funds. He joins from Citibank.

Friends Ivory & Sime&#39s Baronsmead VCT2 completed 15 new investments in the 12 months to March 31. Dividends for the year totalled 3.9p per share, up from 3.2p last year.

US-based hedge fund specialist LJH Global Investments has opened a European office in London led by managing director Ronald Neumunz.

Govett Investments has set up two new tools on its website. The portfolio tracker allows IFAs to track the performance of an existing or constructed Govett portfolio while the illustration tool enables IFAs to calculate returns from investing in a Govett fund.

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