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.
