Lazard asset management launches coherence long/short credit alternative ucits fund

2 November 2021

Lazard Asset Management (LAM) today announced an expansion of its alternative investment platform with the launch of the Lazard Coherence Credit Alternative Fund, a UCITS Fund managed according to the Lazard Coherence Long/Short Credit strategy. The Fund invests primarily in investment grade, crossover, and high-yield bonds in Europe and North America

Managed by Sal Naro, Vincent Mistretta, Michael Cannon and Sanjay Aiyar, the Fund emphasizes consistent absolute returns and capital preservation, while seeking to limit interest rate volatility though hedging and other dynamic risk management

Source: Lazard