Lazard Funds(5)

Concentrated in REITs with Conviction

Lazard US Realty Equity Portfolio

Jul 12, 2019

With high transparency, liquidity and above-average total returns, REITs have a place in every diversified portfolio, according to Jay Leupp, portfolio manager of Lazard US Realty Equity Portfolio. The fund team maintains a concentrated portfolio diversified across property types and regions.

Real Returns in Real Estate

Grubb & Ellis AGA International Realty Fund

US> Multi-Cap > Growth

Dec 03, 2009

Investing in international real estate is challenging for most individual investors due to a lack of accessibility to markets, the liquidity requirements of a large asset purchase, and recurrent risks posed by currency exposures. Brett Johnson, portfolio manager of Grubb & Ellis AGA International Realty Fund, describes his pursuit of real estate opportunities around the world.

REIT Values

Grubb & Ellis AGA Realty Income Fund

US> Large-Cap > Growth

Aug 14, 2009

Having access to proprietary research and timely insights in the real estate markets does give an edge over the competition even in the harshest conditions. Jay Leupp, President and Senior Portfolio Manager at Grubb & Ellis, sets liquidity, improving fundamentals and sector-driven and global diversification as priorities for the firm’s Realty Income, US Realty, and International Realty funds.

Price and Earnings Growth Profiles Matter

Lazard Developing Markets Equity Portfolio

Dec 11, 2017

Emerging markets offer investors earnings growth, but for Peter Gillespie and Kevin O’Hare, portfolio managers of the Lazard Developing Markets Equity Portfolio, it is essential to focus on the valuation paid for that earnings growth. Relying on fundamental bottom-up analysis to gain an information edge, the fund team aims to identify companies with multi-year growth drivers that are generally underestimated by the market. 

Financial Productivity and Valuation

Lazard US Small-Mid Cap Equity Fund

US> Multi-Cap > Growth

Apr 14, 2015

Smid-cap funds offer the flexibility to hold on to small companies that are growing and delivering financial results as they move into the mid-cap market cap range. Dan Breslin and his team at the Lazard US Small-Mid Cap Equity Fund focus on this longer growth phase at a company level by investing in select undiscovered names with unlocked value.