Lazard Asset Management provides investment management and advisory services to institutional clients, financial intermediaries, sovereign wealth funds and private clients around the world.
Led in the UK by chief executive Bill Smith, the firm offers equity, fixed-income and alternative investments as well as tailored investment solutions. Following RDR, it has launched a new commission-free Retail C share class for a selection of its funds.
Driven by client demand, Lazard launched an offshore version of its £315m Global Equity Income fund in February 2014. Domiciled in Dublin, the fund has both dollar and sterling share classes and is managed by Patrick Ryan.
With 16 offices worldwide and more than 230 investment professionals, Lazard managed a total of £121.3bn of assets as at 31 March 2015.