First State Infrastructure vs Lazard

This week’s head-to-head battle heads to the badlands of global listed infrastructure, where Lazard’s offering faces off against the First State fund.

First State Infrastructure vs Lazard

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We pit the incumbent First State Global Listed Infrastructure Fund that has been around since 2007 against the Lazard Global Listed Infrastructure Fund that has only been around in OEIC form since 2012.

The First State fund is certainly the larger of the two, weighing in at £926.5m, as opposed to the £309.8m Lazard fund, but both funds have more than one head in their respective corners. The First State fund has two managers, whereas the Lazard fund makes use of the services of six managers.

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