Welcome to our new website! Let us know what you think..

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Lazard launches offshore version of its Global Equity Income fund

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 is in response to client demand.

The fund will run by Patrick Ryan and team, and benchmarked against the MSCI AC World Index.

The onshore version is fourth quartile of the IMA Global Equity Income Sector over one year to the end of January. It is third quartile over three years, having returned 8.1% compared to a 7.3% rise in the MSCI AC World index.

Tony Maddock, head of third party distribution at Lazard, said: 'The launch of this offshore version of the Global Equity Income fund has been very much driven by client demand, and will satisfy the needs of those that prefer to access funds that are domiciled offshore.'

Leave a comment

Related Fund Managers

Patrick Ryan
Patrick Ryan
10/29 in Equity - Global Equity Income (Performance over 3 years) Average Total Return: 36.31%
Your Business: Cover Star Club

Profile: Quilter Cheviot boss Baines sees more consolidation ahead

Profile: Quilter Cheviot boss Baines sees more consolidation ahead

Nineteen months on from the merger of Quilter Cheviot chief executive Martin Baines says the deal is now paying dividends.

Wealth Manager on Twitter