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Lazard Global Equity Income

Ranked 23 out of 44 in - Global Equity Income over 12 months
All calculations are in GBP

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

Global Equity Income over : 30/09/2013 - 30/09/2014

Total Return

Quarterly Performance

to 30/09/2014 Annual Q1 Q2 Q3 Q4
2014 2.9% -0.6% 5.5% -1.9%
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%
2007 -4.2% -4.2%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/05/2014

Top 10 Holdings

Stock Size
GBP Cash 4.91
CenturyLink Inc ORD 3.25
Total SA ORD 2.62
Wynn Macau Ltd ORD 2.58
bpost NV ORD 2.55
Intel Corp ORD 2.53
Sands China Ltd ORD 2.32
Cisco Systems Inc ORD 2.27
Blackstone Mortgage Trust Inc 2.14
Axa SA ORD 2.05
31/05/2014

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date22/10/2007
  • Share Class size26Mn
  • Base currencyGBP
  • ISIN GB00B24DPX62

Purchase Info

  • Min. initial investment1,000
  • Min. additional investment0

Charges

  • Annual management1.5%
  • Initial investment3.75

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).