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
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Rank 55/78 Total Return
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Rank 74/78 Standard Deviation
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Rank 77/78 Max Drawdown
| Fund Name | Currency | Return | |
|---|---|---|---|
| 53 | NN (L) Global High Dividend P Dis EUR | GBP | 20.1% |
| 54 | Lazard Global Equity Income Inst USD Acc | GBP | 20.0% |
| 55 | Lazard Global Equity Income Ret Acc | GBP | 20.0% |
| 56 | Vontobel Fund - Harcourt Dividend Strategy I | GBP | 19.9% |
| 57 | Liontrust Global Income Fund (R) | GBP | 19.4% |
| View full league table | |||
| Fund Name | Currency | Risk | |
|---|---|---|---|
| 72 | Liontrust Global Income Fund (R) | GBP | 13.1 |
| 73 | Kempen (Lux) Global High Dividend J GBP | GBP | 13.5 |
| 74 | Lazard Global Equity Income Ret Acc | GBP | 13.7 |
| 75 | Veritas Global Equity Income GBP A | GBP | 14.3 |
| 76 | Legg Mason ClearBridge Tct Div Inc LM Acc USD | GBP | 14.9 |
| View full league table | |||
| Fund Name | Currency | Loss | |
|---|---|---|---|
| 74 | Artemis Global Equity Income I Acc GBP | GBP | -6.0% |
| 75 | Artemis Global Income R Inc | GBP | -6.1% |
| 76 | Neptune Global Income F Acc GBP | GBP | -6.2% |
| 77 | Lazard Global Equity Income Ret Acc | GBP | -7.2% |
| 78 |
AB SICAV I-Global Equity Income Portfolio I GBP H
Currency exposure is hedged Currency exposure is hedged |
GBP | -9.5% |
| View full league table | |||
Total Return
Quarterly Performance
| to 30/06/2016 | Annual | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|---|
| 2016 | 5.6% | 6.6% | |||
| 2015 | -11.3% | 4.0% | -5.9% | -11.6% | 2.7% |
| 2014 | 4.3% | -0.6% | 5.5% | -1.9% | 1.4% |
| 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 | 4.60 |
| Taiwan Semiconductor Manufacturing Co Ltd DR | 4.11 |
| Cisco Systems Inc ORD | 3.84 |
| Pfizer Inc ORD | 3.73 |
| Eaton Corporation PLC ORD | 3.23 |
| PacWest Bancorp ORD | 3.13 |
| Procter & Gamble Co ORD | 3.03 |
| Blackstone Mortgage Trust Inc | 3.01 |
| Telenor ASA ORD | 2.96 |
| Mobil'nye Telesistemy PAO DR | 2.72 |
Registered For Sale In
- United Kingdom
Fund Info
- Launch date22/10/2007
- Share Class size06Mn
- Base currencyGBP
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ISIN GB00B24DPX62
Purchase Info
- Min. initial investment1,000
- Min. regular additional investment0
Charges
- Annual management1.50%
- Initial investment3.75