Lazard Asset Management has expanded its long-only convertible bond offering with the launch of a global investment grade bond fund.
The Lazard Global Convertible Investment Grade Bond fund aims to provide long-term capital appreciation utilising a "two-step, bottom-up process" along with a top-down macroeconomic view. BlackRock, Jupiter and Lazard among investors as Allfunds sets €11.50 listing price Managed by the team responsible for the Lazard Global Convertible fund, the new offering will typically consist of 40-65 investment grade securities with the aim of outperforming the Refinitiv Global Focus Investment Grade Convertible index over a rolling five-year horizon. ESG considerations will be "fully integra...
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