The Ucits vehicle is billed as offering the best of Lazard’s capabilities across equities, fixed income and other diversifying assets.
Led by Jai Jacob, Lazard’s multi-asset investment team manage more than $4bn of assets across a wide range of solutions. It follows a benchmark agnostic approach, looking to maximise risk-adjusted returns.
“By combining top-down market forecasts, individual security selection, and robust risk management, the fund aims to protect investors’ capital while delivering a consistent pattern of returns.” said Jacob.
Bill Smith, CEO of Lazard Asset Management, London, said: “This fund combines Lazard Asset Management’s institutional expertise and resources across multiple asset classes.
“It has been designed to meet significant demand for low volatility, diversified strategies from our global client base.”