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Lazard Asset Management launches Global Equity Select Fund

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Lazard Asset Management has expanded its global fund offerings with the launch of the Lazard Global Equity Select Portfolio.

The Lazard Global Equity Select Portfolio seeks long-term capital appreciation by investing in companies worldwide with strong and/or improving financial productivity which trade at attractive valuations across the market capitalisation spectrum.
 
The portfolio is based on the existing Lazard Global Equity Select strategy, which has been managed at LAM for the past 20 years, and is designed to offer investors access to LAM’s best ideas globally.
 
“In a dynamic global marketplace, opportunities arise in some regions and sectors while at the same time others face challenges,” says Ronald Temple, managing director and portfolio manager. “We seek to take advantage of these divergent opportunities by harnessing LAM’s global research and expertise, and by allocating capital flexibly to the best opportunities, regardless of where a company is located.”
 
“Global investing is ingrained in LAM’s culture. Our deep roots in every key region of the world and our global industry research delivers local insight with global perspective," says Charles Carroll, deputy chairman and head of global marketing, LAM. "The Lazard Global Equity Select Portfolio brings together all the strengths of LAM’s worldwide investment organisation.”
 
The portfolio management team, located in New York and London, has an average of over 20 years of investment experience and is comprised of Andrew Lacey, Ronald Temple, Louis Florentin-Lee, Patrick Ryan, and Martin Flood.

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