Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Lazard Global Equity Income

Ranked 50 out of 82 in - Global Equity Income over 12 months
All calculations are in GBP unless stated

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.

Showing fund performance in United Kingdom View performance globally

Performance

Global Equity Income over : 31/10/2015 - 31/10/2016
  • Rank 50/82 Total Return
  • Rank 71/82 Standard Deviation
  • Rank 80/82 Max Drawdown
Fund Name Currency Loss
78 Artemis Global Income R Inc GBP

-6.1%

79 Neptune Global Income F Acc GBP GBP

-6.2%

80 Lazard Global Equity Income Ret Acc GBP

-7.2%

81 MFS Meridian Funds-Global Equity Income WH1 GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

-8.1%

82 AB SICAV I-Global Equity Income Portfolio I GBP H

Currency exposure is hedged

Currency exposure is hedged

GBP

-9.5%

Total Return

Quarterly Performance

to 30/09/2016 Annual Q1 Q2 Q3 Q4
2016 5.6% 6.6% 9.1%
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

31/07/2016

Top 10 Holdings

Stock Size
GBP Cash 4.68
Cisco Systems Inc ORD 4.13
Pfizer Inc ORD 3.96
Taiwan Semiconductor Manufacturing Co Ltd DR 3.91
Telenor ASA ORD 3.73
Total SA ORD 3.09
Blackstone Mortgage Trust Inc 2.77
PacWest Bancorp ORD 2.77
Verizon Communications Inc ORD 2.71
Mobil'nye Telesistemy PAO DR 2.64
31/07/2016

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date22/10/2007
  • Share Class size06Mn
  • Base currencyGBP
  • ISIN GB00B24DPX62

Purchase Info

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

Charges

  • Annual management1.50%
  • Initial investment3.75

Related News

Lazard launches offshore version of its Global Equity Income fund

Lazard Asset Management is launching a Dublin-domiciled version of its £315 million Global Equity Income fund, which the company said was in response to client demand.

Asia in vogue: the top 10 funds wealth managers are buying

Citywire reveals the top 10 funds wealth management businesses bought during September on a major platform.

Technology: The new defensive play?

Technology is being hailed as the new defensive sector despite investors’ long-held perceptions it is a risky high beta play on the market.

Wealth managers turn to Europe for income

An increasing number of wealth managers are looking to Europe to meet the income demands of their clients.  

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