Fund managed: Lazard Convertible Global AC H CHF
Total return over three years: 18.7%
The top manager surpassing all others is Arnaud Brillois. He first started to outperform his peers in the sector in the summer of 2016 and has since returned three times the average manager’s total return.
The co-head of the alternative investments, structured products and convertibles department at Lazard has managed the fund since 2008.
The CHF 975.2 million fund has a strong overweight to the benchmark in the technology sector, which represents more than a third of its allocation. Nearly half of the fund is invested in the US.
Over the first three quarters of the year, the Lazard fund attracted estimated net flows of CHF 528.6 million across all share classes.