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Lazard Emerging Markets Total Return Dbt A AccHEUR

Ranked 87 out of 87 in - Bond Strategies over 12 months
All calculations are in EUR unless stated

Managed by

Arif Joshi

Arif Joshi is a Portfolio Manager and Managing Director at Lazard Asset Management, co-managing the firm’s emerging market debt funds with Denise Simon. Joshi brings over 15 years' industry experience to his role, having joined Lazard from HSBC Asset Management in 2010 and having previously served as an Associate at Atlantic Advisors. Joshi’s top-down investment style focuses on macro-economic factors and his funds are aimed towards producing consistent returns in all market environments. He holds an MBA in Finance from Columbia Business School and is based in New York.

Denise Simon

Denise Simon studied economics at George Washington University. She started her career with UBS, then moved to Kleinwort Benson. In 1992 she joined to Lehman and was executive director of emerging markets trading until 1995. She was a senior trader in emerging European debt and equity at Bayerische Vereinsbank before joining Atlantic (now owned by HSBC) in 1998. Denise then joined Lazard in 2010 where she manages global emerging market debt portfolios.

Objective

The Fund may invest in investment grade, non-investment grade and unrated debt securities (e.g. bonds), issued by corporates, sovereigns governments, government agencies and quasi governmental bodies that are based in or have significant business in emerging market countries. The securities may be denominated in local emerging markets currencies or may have emerging market collateral posted as security for the debt. The Fund may hold a significant portion of its assets in cash and in investments that are deemed to be equivalent to cash.The Fund may invest up to 10% of its value in units or shares in other investment funds

Showing fund performance in Hong Kong View performance globally

Performance

Bond Strategies over : 31/10/2017 - 31/10/2018
  • Rank 87/87 Total Return
  • Rank 85/87 Standard Deviation
  • Rank 87/87 Max Drawdown
Fund Name Currency Return
83 Insight - Absolute Insight EM Mkt Debt B1p EUR EUR

-7.1%

84 Insight Total Return Bond S Euro Dis EUR

-7.6%

85 Prosperise Credit Value A EUR EUR

-9.4%

86 Legg Mason WA Macro Opportunities Bd S EUR Acc Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

-9.8%

87 Lazard Emerging Markets Total Return Dbt A AccHEUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-9.8%

Fund Name Currency Loss
83 Insight - Absolute Insight EM Mkt Debt B1p EUR EUR

-8.7%

84 HSBC GIF GEM Debt Total Return M1C EUR EUR

-9.2%

85 Prosperise Credit Value A EUR EUR

-9.4%

86 Legg Mason WA Macro Opportunities Bd S EUR Acc Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

-11.5%

87 Lazard Emerging Markets Total Return Dbt A AccHEUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-12.5%

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 -0.4% -7.7% -1.2%
2017 4.2% 2.0% 0.0% 1.5% 0.6%
2016 6.4% 3.3% 2.8% 2.5% -2.2%
2015 -6.9% -0.3% -1.4% -4.9% -0.4%
2014 0.0% 2.0% 2.4% -0.2% -4.0%
2013 -1.5% 1.3% -4.8% 0.9% 1.2%
2012 10.5% 5.2% 0.3% 3.1% 1.6%
2011 0.7% 2.0% 1.9% -5.6% 2.5%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. France
  3. Germany
  4. Ireland
  5. Switzerland
  6. United Kingdom

Fund Info

  • Launch date01/11/2010
  • Share Class size54Mn
  • Base currencyUSD
  • ISIN IE00B417CY52
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment250,000
  • Min. regular additional investment0

Charges

  • Annual management0.75%

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