Lazard Asset Management has launched the Lazard Global Thematic Focus Fund to achieve long-term capital growth by investing primarily in an actively managed, diversified portfolio of 35 to 50 established companies located around the world.
The companies will have a market capitalization of greater than $1 billion at the time of purchase, with securities listed or traded on Regulated Markets worldwide. The Lazard Global Thematic Focus Fund aims to identify structural and secular changes that will transform the global economy.
The Lazard Global Thematic team has an established process for identifying transformational themes, evaluating them in detail, and pinpointing associated opportunities for long-term investment. The Fund, which is currently available to clients in the UK, Singapore, Norway, Denmark, Finland, Sweden and the Netherlands, will be managed by the same team of portfolio managers and analysts that already run the established Lazard Global Thematic Equity strategy.
Nicholas Bratt, John King and Steve Wreford, are all part of the Global Thematic Equity team, and together have more than 30 years average industry experience and a longstanding track record in thematic investing.
“Our focus is on turning insights about long-term change into sustainable investment returns,” said King, portfolio manager/analyst at Lazard Asset Management. “We think about risk in a holistic way, and ESG is fully integrated into our process through our proprietary Sustainability Framework. We believe this will be a key differentiator in a fast-changing world.”
