Lazard Asset Management LLC is pleased to announce that two funds in the Lazard Funds Inc. family have received 2015 Lipper Fund Awards in recognition of consistently strong risk-adjusted performance relative to peers.
The Lazard US Realty Equity Portfolio was awarded Best Fund over five years in the Real Estate Funds category, ranking #1 out of 159 eligible funds for the five year period ended November 30, 2014. The Lazard Global Listed Infrastructure Portfolio was awarded Best Fund over three years in the Global Infrastructure Funds category, ranking #1 out of 44 eligible funds for the three year period ended November 30, 2014.
“We are proud our funds have been recognized by Lipper,” said Charles Carroll, Deputy Chairman and Head of Global Marketing at Lazard Asset Management. “The awards reflect the skill of our investment teams and Lazard’s commitment to providing clients with innovative solutions and superior risk-adjusted performance.”
The Lazard US Realty Equity Portfolio (Institutional: LREIX, Open: LREOX) seeks long-term capital appreciation with current income by investing in US real estate investment trusts (REITs) and other US publicly traded real estate securities. The fund is managed by an experienced team of seasoned real estate investors with average experience of more than 17 years across all property and capital market sectors.
The Lazard Global Listed Infrastructure Portfolio (Institutional: GLIFX; Open: GLFOX) seeks total return by investing in preferred infrastructure companies deemed to be of high quality. The portfolio management team is among the pioneers in listed infrastructure investing and its members have worked together to manage portfolios in this space for nearly a decade.
