Lazard Asset Management Pacific Co. announces the lowering of its minimum investment for four funds to A$20,000, down from A$100,000.
- Lazard Australian Equity Fund
- Lazard Select Australian Equity Fund
- Lazard Australian Diversified Income Fund
- Lazard Global Small Cap Fund
Lazard Asset Management Pacific Co CEO Susan Roberts said the move was in response to increasing demand and enquiry from the ever growing Self-Directed and Self-Managed Super Fund markets within Australia.
“As awareness of both the performance of our funds and understanding of our active management – value investing approach has increased; we have seen heightened interest from private investors. “
“This is a sign of the understanding of the benefits and rewards of a disciplined and intensive research based approach to stock picking.”
“Our approach to investing is based on bottom-up research focused on identifying under-valued companies and investing in them with a long-term time horizon. “
“It’s an approach that is resonating with investors and it’s something the firm has been doing successfully for many years.” Ms. Roberts said.