Lazard AM launches European alternative fund

Lazard AM launches European alternative fund

Lazard Asset Management has launched a new alternative fund for European large and mid-cap companies.


The new European alternative fund will invest in approximately 60 large and mid-cap European companies and utilise bottom-up stock selection, a statement issued by Lazard Asset Management said.

Léopold Arminjon, who will manage the portfolio, said: “The nascent European recovery offers an attractive backdrop for investors, but remains complex and volatile as evidenced by the sovereign crises of the past few years.”

“This strategy can take steps to adapt to these circumstances with a view to protect capital, offering the potential for a lower risk option to access European stock markets,” Mr Arminjon said.

Mr Arminjon will be supported by portfolio manager and analyst Nitin Arora, who recently joined the firm from HSBC where he was lead equity research analyst.

 

Lazard AM launches European alternative fund
investordaily image
ID logo
promoted stories

Appointments

investordaily image

Fortnum hires former Centric Wealth CEO

Staff Reporter

Deborah Ralston

SMSF Association names new chair

Katarina Taurian

Curtis Cifuentes

Avenir Capital hires investment director

Staff Reporter

Analysis

Maurizio Canton

Striking a balance between security and innovation

Maurizio Canton

Greg Kuhnert

Backing China in the Year of the Dog

Greg Kuhert

investordaily image

The benefits of good data governance

Steve Singer