Lazard Asset Management has announced that Mark Little, listed manager of Lazard International Strategic Equity, will retire from the firm at the end of the first quarter of 2024. Little, previously this strategy’s co-lead manager, stepped away from day-to-day portfolio management duties at year-end 2022 to move into a senior management role. Since then, longtime manager Robin Jones has been the strategy’s lead decision-maker. Jones has a veteran comanager—essentially a senior advisor—in Michael Bennett, plus comanager Jimmie Bork as support.
Lazard International Strategic Eq R6 RLITX
- NAV / 1-Day Return 15.76 / −0.25 %
- Total Assets 3.9 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.810%
- Distribution Fee Level Above Average
- Share Class Type Retirement, Large
- Category Foreign Large Blend
- Investment Style Large Growth
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 1.38%
- Turnover 43%
USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:23 PM GMT+0
Morningstar’s Analysis RLITX
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People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 30.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Novo Nordisk A/S Class B | 4.82 | 198.2 Mil | Healthcare |
RELX PLC | 4.05 | 166.4 Mil | Industrials |
ASML Holding NV | 3.42 | 140.4 Mil | Technology |
Icon PLC | 2.94 | 120.9 Mil | Healthcare |
State Street Instl Treasury MMkt Instl | 2.76 | 113.4 Mil | Cash and Equivalents |
Airbus SE | 2.76 | 113.3 Mil | Industrials |
Aon PLC Class A | 2.62 | 107.5 Mil | Financial Services |
Taiwan Semiconductor Manufacturing Co Ltd | 2.50 | 102.7 Mil | Technology |
Siemens AG | 2.45 | 100.7 Mil | Industrials |
Ryanair Holdings PLC ADR | 2.36 | 97.0 Mil | Industrials |