Lazard flagship fund ‘highly recommended’
Leading research houses, Lonsec and Zenith Investment Partners both rated Lazard Asset Management's flagship Select Australian Equity Fund as "highly recommended".
Lazard Australian Equity Portfolio manager, Rob Osborn, said the high conviction fund had outperformed the S&P/ASX200 since its inception in 2002.
"We take a long-term view and build portfolios that can be quite different than those of our competitors and the index," he said.
"For over a decade, our process of identifying intrinsic value has remained relatively unchanged and over time, we believe this has provided our clients with a compelling rate of return."
The 2014 Money Management/Lonsec Australian Equities (Broad Cap) Fund Manager of the Year Award winner also saw its Australian Diversified Income Fund upgraded to "recommended" following Lonsec's most recent review of the fund.
Recommended for you
Bell Financial Group has appointed a chief investment officer who joins the firm from Clime Investment Management.
Private markets funds with “unattractive practices” could find themselves facing enforcement activity with ASIC chair Joe Longo stating he cannot rule it out in the future.
Despite ASIC concerns about private credit funds being accessed via the advised channel, there are questions regarding how high its usage actually is among financial advisers.
Challenger has looked to the superannuation industry for its appointment of a group chief investment officer, a newly-created role.

