Lazard Convertible Global Portfolio receives 3 Lipper awards

FRANKFURT, March 9, 2018 – Lazard Asset Management, LLC today announced that the Lazard Convertible Global Portfolio (SICAV) has received three 2018 Thomson Reuters Lipper Awards in recognition of its superior performance in the Global Convertibles Bond Funds category.

At the 2018 Lipper Austria Fund Awards ceremony, on March 8 in Vienna, the Lazard Global Convertible Portfolio was awarded “best fund” in the Global Convertible Bonds category over the three year, five-year, and ten-year period. It ranked #1 out of 53 eligible funds for the three-year period, #1 out of 41 eligible funds for the five-year period and #1 out of 21 eligible funds for the ten-year period.

“We congratulate portfolio manager, Arnaud Brillois, and his team, for this achievement, which demonstrates the consistency with which we meet and exceed our clients’ expectations,” said Andreas Hübner, Chief Executive Officer of Lazard Asset Management (Deutschland) GmbH.

The Lazard Global Convertible Portfolio is a pure global convertible bond portfolio managed through an active bond picking approach based on fundamental and technical analysis of convertible bonds. The Fund relies on a mainly bottom-up fundamental strategy comprising financial analysis of companies issuing bonds and of underlying equities and analysis of the technical features of issuance contracts. The Portfolio’s overall exposure to interest rates and equity markets is actively managed. The Thomson Reuters Lipper Fund Awards honors funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers, based on Lipper’s proprietary performance-based methodology