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Lazard Convertible Europe J

Ranked 7 out of 29 in - Convertibles Europe over 12 months
All calculations are in EUR unless stated

Managed by

Arnaud Brillois

Arnaud Brillois, CFA, is a director and portfolio manager/analyst on the global convertibles team at Lazard Freres Gestion (LFG). Brillois joined LFG in 2008 and was the head of convertible bonds and co-head of alternative and structured products before relocating to New York with Lazard Asset Management in 2017. Prior to joining LFG, he was the director of alpha bonds and convertible bonds management at Natixis Asset Management. He is a graduate of ISCID (Institut Superieur de Commerce International de Dunkerque) and a CFA charterholder and has successfully passed the SFAF (Societe Francaise des Analystes Financiers) and FRM exams. He began working in the investment industry in 2000.

Objective

The fund aims to outperform the Thomson Reuters Convertible Europe index. The objective will be achieved through active management of risks (interest rate, foreign exchange, credit). The sensitivity wilbe in a range of 0 to 7. The portfolio will consist of: up to 110% convertible bonds, equity swappable bonds, bonds and debt securities issued by companies, financial institutions and sovereign states. The fund may invest in both investment grade and high yield bonds. It's also invested up to 10% in French money market or bond funds and up to 10% in equities resulting from swaps.

Showing fund performance in Luxembourg View performance globally

Performance

Convertibles Europe over : 31/05/2017 - 31/05/2018
  • Rank 7/29 Total Return
  • Rank 7/29 Standard Deviation
  • Rank 8/29 Max Drawdown
Fund Name Currency Return
5 Generali IS Convertible Bd A Dis EUR EUR

0.8%

6 DNCA Invest Convertibles A EUR

-0.3%

7 Lazard Convertible Europe J

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.1%

8 BNP Paribas L1 Conv Bond Best Selec Europe I Cap EUR

-1.3%

9 Boussard & Gavaudan Sicav Convertible P EUR C EUR

-1.5%

Fund Name Currency Risk
5 Generali IS Convertible Bd A Dis EUR EUR

3.8

6 Barclays Bond Euro Convertible C

Currency exposure is hedged

Currency exposure is hedged

EUR

4.0

7 Lazard Convertible Europe J

Currency exposure is hedged

Currency exposure is hedged

EUR

4.0

8 Metropole Convertibles EUR

4.1

9 Allianz Convertible Bond - AT - EUR EUR

4.1

Fund Name Currency Loss
6 Oaktree (Lux) Fds-Oaktree Non-US Conv Bond IB EUR

-2.7%

7 Barclays Bond Euro Convertible C

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.9%

8 BNP Paribas L1 Conv Bond Best Selec Europe I Cap EUR

-3.5%

8 Lazard Convertible Europe J

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.5%

10 R Conviction Convertibles Europe C EUR EUR

-3.6%

Total Return

Quarterly Performance

to 31/03/2018 Annual Q1 Q2 Q3 Q4
2018 -2.7%
2017 6.6% 3.5% 2.5% 0.1% 0.4%
2016 -2.2% -4.2% -2.9% 3.4% 1.7%
2015 7.2% 9.9% -1.0% -4.7% 3.4%
2014 0.0% 1.7% -0.4% -2.7% 1.4%
2013 14.0% 1.7% 2.2% 4.9% 4.6%
2012 14.9% 9.5% -3.3% 4.9% 3.5%
2011 -12.1% 7.9% -0.7% -19.3% 1.7%
2010 2.7% 0.7% -11.7% 7.6% 7.3%
2009 33.2% -3.2% 12.2% 16.7% 5.1%
2008 1.2%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. France
  2. Luxembourg
  3. Spain

Fund Info

  • Launch date10/09/2008
  • Share Class size28Mn
  • Base currencyEUR
  • ISIN FR0010642611
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment10
  • Min. regular additional investment0.001

Charges

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).