Lazard Global Equity Income
Managed by
Patrick Ryan
Patrick Ryan is a managing director and fund manager at Lazard Asset Management. Ryan joined Lazard in February 1994 and has been managing the Lazard Global Equity Income strategy since 2005. The fund employs a disciplined, valuation orientated process, allowing the fund to outperform during periods when high yielding stocks are in favour. Ryan graduated from Columbia University School of Engineering and Applied Science where he studied industrial engineering and is a CFA Charterholder. He is a member of the New York Society of Security Analysts (NYSSA) and enjoys music and skiing outside of fund management.
Objective
The investment objective of the Fund is to seek to generate substantial income as well as long term capital growth. The Fund will invest in global securities, seeking to diversify income stream through exposure to a portfolio of high-yielding securities, comprising primarily of equities, a proportion of which may be in emerging markets.
Performance
-
Rank 31/45 Total Return
-
Rank 41/45 Standard Deviation
-
Rank 37/45 Max Drawdown
| Fund Name | Return | ||
|---|---|---|---|
| 29 |
INTECH Global Dividend U GBP Inc
Currency exposure is hedged Currency exposure is hedged |
4.3% |
|
| 30 | Barclays GA - Global Equity Income M Inc GBP | 4.2% |
|
| 31 | Lazard Global Equity Income Ret Acc | 4.2% |
|
| 32 | CF Canlife Global Equity Income B Acc | 3.9% |
|
| 33 | Martin Currie Global Equity Income A Inc | 3.8% |
|
| View full league table | |||
| Fund Name | Risk | ||
|---|---|---|---|
| 39 | Liontrust Global Income Fund (R) | 2.8 |
|
| 40 | Saracen Global Income and Growth Acc | 2.8 |
|
| 41 | Lazard Global Equity Income Ret Acc | 2.9 |
|
| 42 | Aberdeen World Equity Income A Dist | 3.0 |
|
| 43 | Veritas Global Equity Income GBP A | 3.1 |
|
| View full league table | |||
| Fund Name | Loss | ||
|---|---|---|---|
| 35 | Kames Global Equity Income C Inc GBP | -4.7% |
|
| 36 | Pictet-High Dividend Selection-I dm GBP | -4.7% |
|
| 37 | Lazard Global Equity Income Ret Acc | -4.8% |
|
| 38 | Liontrust Global Income Fund (R) | -5.1% |
|
| 39 | Capital Group World Div Growers (LUX) B GBP | -5.1% |
|
| View full league table | |||
Total Return
Quarterly Performance
| to 31/12/2014 | Annual | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|---|
| 2014 | 4.2% | -0.6% | 5.5% | -1.9% | 1.3% |
| 2013 | 16.2% | 10.9% | -2.0% | 1.8% | 5.1% |
| 2012 | 14.9% | 7.4% | -3.8% | 6.4% | 4.5% |
| 2011 | -3.7% | 1.5% | 1.4% | -12.5% | 6.9% |
| 2010 | 15.3% | 9.3% | -10.6% | 9.0% | 8.1% |
| 2009 | 25.0% | -7.9% | 8.3% | 20.4% | 4.1% |
| 2008 | -21.9% | -9.6% | -5.8% | -5.3% | -3.2% |
Month by Month Performance
Returns Vs Risk
Asset Allocation
Breakdown
Top 10 Holdings
| Stock | Size |
|---|---|
| GBP Cash | 5.08 |
| Bezeq Israeli Telecommunication Corp Ltd ORD | 3.01 |
| Total SA ORD | 2.92 |
| CenturyLink Inc ORD | 2.85 |
| Blackstone Mortgage Trust Inc | 2.72 |
| AXA SA ORD | 2.64 |
| Banco do Brasil SA ORD | 2.38 |
| Sands China Ltd ORD | 2.24 |
| Cisco Systems Inc ORD | 2.23 |
| Wynn Macau Ltd ORD | 2.22 |
Registered For Sale In
- United Kingdom
Fund Info
- Launch date22/10/2007
- Share Class size25Mn
- Base currencyGBP
-
ISIN GB00B24DPX62
Purchase Info
- Min. initial investment1,000
- Min. additional investment0
Charges
- Annual management1.5%
- Initial investment3.75