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 32/92 Total Return
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Rank 83/92 Standard Deviation
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Rank 49/92 Max Drawdown
| Fund Name | Currency | Return | |
|---|---|---|---|
| 30 | The TM Overstone UCITS Equity Income J Acc | GBP | 21.2% |
| 31 | Schroder ISF Global Dividend Maximiser A Acc | GBP | 21.0% |
| 32 | Lazard Global Equity Income Ret Acc | GBP | 20.8% |
| 33 | PIMCO GIS RAE Fndm Gl Dev E USD Acc | GBP | 20.7% |
| 34 | NN (L) Global High Dividend P Dis EUR | GBP | 20.6% |
| View full league table | |||
| Fund Name | Currency | Risk | |
|---|---|---|---|
| 81 | Liontrust Global Income Fund (R) | GBP | 9.9 |
| 82 | Neptune Global Income F Acc GBP | GBP | 9.9 |
| 83 | Lazard Global Equity Income Ret Acc | GBP | 10.2 |
| 84 | Schroder ISF Global Equity Yield A Acc | GBP | 10.2 |
| 85 | The TM Overstone UCITS Equity Income J Acc | GBP | 10.2 |
| View full league table | |||
| Fund Name | Currency | Loss | |
|---|---|---|---|
| 47 | GAM Multistock - Global Eq Income-EUR B | GBP | -2.7% |
| 48 | PIMCO GIS RAE Fndm Gl Dev E USD Acc | GBP | -2.7% |
| 49 | DPAM INVEST B Equities World Dividend F | GBP | -2.8% |
| 49 | Jupiter Global Equity Income Acc GBP | GBP | -2.8% |
| 49 | Lazard Global Equity Income Ret Acc | GBP | -2.8% |
| View full league table | |||
Total Return
Quarterly Performance
| to 30/06/2017 | Annual | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|---|
| 2017 | 3.3% | -0.1% | |||
| 2016 | 31.7% | 5.6% | 6.7% | 9.1% | 7.3% |
| 2015 | -11.4% | 4.0% | -5.9% | -11.8% | 2.8% |
| 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 |
|---|---|
| AT&T Inc ORD | 4.07 |
| PacWest Bancorp ORD | 4.01 |
| Novartis AG ORD | 3.83 |
| Taiwan Semiconductor Manufacturing Co Ltd DR | 3.50 |
| Total SA ORD | 3.43 |
| Pfizer Inc ORD | 3.36 |
| Pattern Energy Group Inc ORD | 2.80 |
| Cisco Systems Inc ORD | 2.74 |
| Royal Dutch Shell Plc B ORD | 2.61 |
| RTL Group SA ORD | 2.55 |
Registered For Sale In
- United Kingdom
Fund Info
- Launch date22/10/2007
- Share Class size05Mn
- 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