It has been a challenging period for the Lazard Global Equity Franchise strategy. Heavily momentum driven markets have proved particularly challenging for our approach to investing.
Yet the underlying operational performance of our business remains strong – the gap between fundamentals and share price performance reflects de-rating, rather than operational weakness. In this video, Warryn Robertson, Portfolio Manager/Analyst discusses why the team sees the current environment as a compelling opportunity, recent strategy performance and the team’s outlook.
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The information in this webpage was prepared by Lazard Asset Management Pacific Co ABN 13 064 523 619, AFS License 238432. This material is for informational purposes only. It is not intended to, and does not constitute financial advice, fund management services, an offer of financial products or to enter into any contract or investment agreement in respect of any product offered by Lazard Asset Management and shall not be considered as an offer or solicitation with respect to any product, security, or service in any jurisdiction or in any circumstances in which such offer or solicitation is unlawful or unauthorized or otherwise restricted or prohibited. Information and opinions presented have been obtained or derived from sources believed by Lazard to be reliable. All opinions expressed herein are as of the published date and are subject to change.