Wealth Manager - the site for professional investment managers

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

Lazard rebrands A-rated manager’s UK income fund

Lazard rebrands A-rated manager’s UK income fund

Lazard Asset Management has changed the name of its UK Equity Income fund to the Multi-Cap UK Income fund.

The £100 million fund is managed by Alan Custis and Lloyd Whitworth, both A-rated by Citywire, and + rated Alan Clifford.

Over the past three years it has returned 13.1% compared with 12.1% from its IMA UK Equity Income sector and 9.5% from the FTSE All Share index.

‘We believe that taking a multi-cap approach to income investing in the UK market can help to overcome the impact of market concentration as well as accessing dividend growth amongst smaller companies, which should lead to an attractive total return for clients,’ commented Clifford (pictured).

The fund currently has a 62% allocation to the FTSE 100, below the All Share’s 82% weighting to the large-caps. It has 21% in the FTSE 250, 7% in the FTSE SmallCap index, and 4% in AIM-listed stocks.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

Related Fund Managers

Alan Custis
Alan Custis
116/160 in Equity - UK (All Companies) (Performance over 3 years) Average Total Return: 14.52%
Alan Clifford
Alan Clifford
118/160 in Equity - UK (All Companies) (Performance over 3 years) Average Total Return: 14.52%
Lloyd Whitworth
Lloyd Whitworth
117/160 in Equity - UK (All Companies) (Performance over 3 years) Average Total Return: 14.52%
Your Business: Cover Star Club

Profile: JPM Wealth MD on breaking the glass ceiling

Profile: JPM Wealth MD on breaking the glass ceiling

During her tenure at JP Morgan, the private bank has changed the way it segments clients in a bid to improve focus

Wealth Manager on Twitter