Lazard emerging markets fund kicked out of Square Mile academy
Rathbone Ethical Bond, NN Green Bond Short Duration and NN Green Bond funds enter the Academy
Lazard EM Core Equity exits
Jenny Turton
Square Mile Investment Consulting has evicted the Lazard Emerging Markets Core Equity fund from its ratings academy following significant investor redemptions.
During February 2021, the fund s assets fell from $100m to $11m. Square Mile said the fund is based on a much larger overall strategy to which Lazard remains committed, and it is managed by lead portfolio manager Stephen Russell using a well-established investment process. However, at the current size, the analysts felt the fund was too small to continue to support within the Academy of Funds.
Lazard Emerging Markets Core Equity fund kicked out of Square Mile academy
Three ethical funds enter the Academy
Jenny Turton
Share
Lazard EM Core Equity exits
Square Mile Investment Consulting has evicted the Lazard Emerging Markets Core Equity fund from its ratings academy following significant investor redemptions.
During February 2021, the fund s assets fell from $100m to $11m. Square Mile said the fund is based on a much larger overall strategy to which Lazard remains committed, and it is managed by lead portfolio manager Stephen Russell using a well-established investment process.
However, at the current size, the analysts felt the fund was too small to continue to support within the Academy of Funds.