Lazard Frères
Gestion

Lazard has a clear market positioning, focused on two businesses

  • Financial advisory: mergers & acquisitions, divestitures, debt restructuring, and corporate and sovereign advisory
  • Asset management: institutional investment management, distribution through external channels and wealth management

KEY DATES

In 1848, Alexandre, Lazare and Simon Lazard, three French brothers from the Alsace region in France, found Lazard Frères & Co in New Orleans as a dry goods merchant, after migrating to the United States in the early 1840s.

Shortly after, the company moved to San Francisco to expand its trading business and develop its first foreign exchange office between Europe and the United States, before engaging in banking activities. The Paris office was established in 1854, the London branch opened in 1870 and the New York Banking House in 1880. Lazard became a global player in international banking, notably in corporate finance advisory and asset management services.

This exceptional background shaped a unique culture, passed on through the generations. Lazard has been listed on the New York Stock Exchange since May 2005, but nonetheless remains partly owned by its associates and employees.

  • 1848 The Lazard brothers found Lazard Frères & Co in New Orleans
  • 1854 Lazard Frères et Cie established in Paris
  • 1970 Lazard Asset Management established in New York
  • 1995 Lazard Frères Gestion established in Paris
  • 2000 The three Houses of Lazard merge
  • 2005 Lazard listed in New York

ASSETS UNDER MANAGEMENT | Lazard Frères Gestion & Lazard Asset Management

Lazard serves investors around the world through a broad range of global investment solutions and investment management services. Lazard Asset Management operates across 14 countries throughout North America, Europe and Asia, as well as in Australia. The group focuses on strategies drawing on rigorous, detailed analysis and dynamic asset management.

Learn more about Lazard Asset Management

KEY FIGURES as of 29 December 2017

14Countries
$249bnAUM
+ 160

Years of expertise in international
finance

+900Employees
A success built across several generations, with client relationships established over time and based on discretion.

Lazard Frères Gestion combines the power of a large global organisation with the flexibility of a small entrepreneurial-style business, focusing on asset management and advisory services for individual and institutional clients.

Our primary goal is to deliver performance for our clients through a bespoke service. We empower our investment professionals to make independent investment solutions and encourage them to provide creative solutions.

With offices in Paris, Lyon, Bordeaux, Nantes and Brussels, Lazard Frères Gestion manages a near €22 billion of assets on behalf of institutional and individual clients.

KEY FIGURES AS OF 29 DECEMBER 2017

€22.5bnAUM
10 countriesDistribution
160Employees
37Investment
professionals
Lazard Frères Gestion enjoys the advantage of being part of a large global organisation, while selecting its asset management strategies independently.

ECONOMIC CYCLE ANALYSIS

Financial assets are an important source of funding for the real economy. It is our conviction that the economy is cyclical, with ensuing short- and medium-term economic cycle impacts on financial markets. Volatility and speculative bubbles can make an asset's market price fluctuate versus its fair value in the short term, though not in the long term. Outperformance is generated by our team’s ability to recognise the different phases of the cycle in the long term.

M MACROECONOMY—MICROECONOMY

Strong investment culture

Our specific investment culture naturally leads us to focus on a value creating dynamic and  fundamental asset management. Above all, we start by selecting companies. Each of our investment decisions is based on a rigorous analysis, an in-depth financial research and a stringent assessment of financial statements.

  • Financial assets provide key investment opportunities for institutional and individual investors.
  • Their ever-growing number and complexity require a rigorous selection process to create value in the long term.
  • Lazard Frères Gestion seeks to achieve this through investment solutions combining the macroeconomic and microeconomic skills of its experts.

T TAILOR-MADE SOLUTIONS

Long-term value-creating investment solutions

Each investor's requirements are unique, and therefore Lazard Frères Gestion has strengthened its expertise around complementary strategies to provide the best possible investment solutions across asset classes.

Lazard Frères Gestion’s development strategy combines asset management expertise and trustful client relationships. It is based on coherent and transparent investment processes, and offers the following solutions:

  • A range of both generalist and specialist UCIs
  • Dedicated funds and investment mandates expertise
  • A bespoke financial advisory service for our clients
Euro-Europe International Thematics
Equity

Large Caps
Lazard Actions Euro
Lazard Alpha Euro
Lazard Alpha Europe
Norden - Nordic countries
Norden Family - Nordic countries
Lazard Patrimoine Actions
Lazard Patrimoine PEA
Mid Caps / Small Caps
Lazard Mid Caps Europe
Lazard Small Caps Euro
Lazard Small Caps France
Norden Small - Nordic countries
Lazard Investissement Microcaps
Lazard Investissement PEA-PME

Global
Lazard Alpha Monde
Lazard Epargne Actions
US
Lazard Actions Américaines
Lazard US Equity Concentrated(2)
Japan
Lazard Japon
Emerging markets
Lazard Actions Emergentes(1)

SRI
Lazard Equity SRI – Zone euro
Innovation
Lazard European Innovation
Lazard World Innovation
Minimum Variance
Lazard Dividendes Min Var – Zone euro
Lazard Amérique Min Var
Lazard Japon Min Var
Recovery
Lazard Recovery Eurozone
Rate hikes
Lazard Equity Expansion
Listed real-estate
Lazard Actifs Réels – Zone euro
Infrastuctures
Lazard Global Listed Infrastructure Equity Fund(2)
Quant
Lazard Global Managed Volatility Fund(2)

Bonds

Corporate
Lazard Credit Corporate – Investment Grade
Lazard Corpo Euro High Yield
Short-term bonds
Lazard Euro Short duration – Zone euro

Emerging markets
Lazard Emerging Markets Bond Fund(2)
Lazard Emerging Markets Local Debt Fund(2)
Lazard Emerging Markets Debt Blend Fund(2)
Lazard Emerging Markets Debt Unrestricted Blend Fund(2)
Lazard Emerging Markets total Return Debt Fund(2)
Multi-strategies
Lazard Stratégies Obligataires
Lazard Credit Opportunities
Lazard Gestion Flexible Obligataire

Subordinated financials
Lazard Credit Fi. – Europe
Lazard Capital Fi. – Europe
Inflation
Lazard Rendement Inflation – Zone euro

Convertible bonds

Lazard Convertible Europe
Lazard Convertible Euro Moderato – Zone euro

Lazard Convertible Global

 
Multi-asset class  

Flexible defensive
Lazard Diversium
Lazard Patrimoine
Flexible moderate
Lazard Patrimoine Diversifié
Lazard Patrimoine Equilibre
Lazard Gestion Flexible
Flexible dynamic
Lazard Patrimoine Croissance
Lazard Patrimoine USD

 
Alternative

Long/Short equity
Lazard European Alternative Fund(2)
Market Neutral
Lazard Dividendes Min Var Absolute Return

Long/Short Actions
Lazard Long Short Flexible
Multi-strategies
Lazard Stratégies Flexibles
Global hedged convertible
Lazard Rathmore Alternative Fund(2)

 
Monetary

Monetary euro
Lazard Euro Short Term Money Market
Lazard Euro Money Market

Monetary dollar
Lazard USD Money Market

 

(1) UCITS with management delegated to Lazard Asset Management.
(2) UCITS managed by Lazard Asset Management.

Our primary goal is to deliver performance to our clients.
  • A two-fold increase in assets under management over the past six years, an expertise in all main asset classes
  • Tailor-made services adapted to a wide range of clients
Global economic and fundamental research is the foundation of our investment approach and strategy

PARIS

25, rue de Courcelles
75 008 Paris
+33 (0)1 44 13 01 11

BORDEAUX

8, rue du Château Trompette
33 000 Bordeaux
+33 (0)5 56 44 30 00

LYON

9, rue de la République
69 001 Lyon
+33 (0)4 72 69 95 80

NANTES

4, rue Racine
44 000 Nantes
+33 (0)2 28 08 28 78

BRUXELLES

Blue Tower
Avenue Louise, 326
1050 Bruxelles
+32 (0)2 627 08 80

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