Nobody downloaded yet

Lazard US Mid Cap Equity Portfolio - Case Study Example

Comments (0) Cite this document
Lazard US Mid Cap Equity Portfolio Name: Lecturer: Date: Lazard US Mid Cap Equity Portfolio Introduction The emphasis of portfolio management is shrewd investing. Diversification is a plus in sound investment decision making but obtaining the right mix of investments is rather a daunting task…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.8% of users find it useful
Lazard US Mid Cap Equity Portfolio
Read TextPreview

Extract of sample "Lazard US Mid Cap Equity Portfolio"

Download file to see previous pages These kind of invest in stocks of companies with solid financial base are return patterns Income equity funds: invest in a mix of bonds and dividend paying stocks as they also target current income and capital growth Balanced funds: have long term objectives and emphasize on capital growth, and current income. Invest in bonds, stocks, and short term securities, and always ensure the right hedging against huge fluctuations in short term investment options. Bond funds: designed to meet the current income requirements of shareholder, and they invest primarily in corporate and government bonds and T-bills Money market funds: invest in securities such as commercial papers, T-bills, certificates of deposit and other stable but monetary related securities. These are currency related investments and no guarantees are made on such funds. Target date funds: These include retirement and pension funds as they are the major types in this category with the date of maturity of the fund known. These kinds of funds are made for strictly long term investments. Lazard US Mid Cap Equity Portfolio Background LZMIX, ticker for the Lazard US mid cap portfolio for institutional shares, is a fund under the hazard investment fund. The fund is a balanced fund for institutional investors that were created in 1997 for this primary reason. The fund as at the 4/30/2012, the net assets of Lazard mid cap Equity portfolio was approximately values at $105.7 million, including $58.2 million worth of shares held institutionally. Recent performance The fund has a yield rate of 0.28% with no loadings applicable to the investment. Expenses incurred in transactions are given at the rate of 0.92%. Morningstar rates the management fee as average level, showing it in line with industry charges. LZMIX turnover is quoted at 83%, while the minimum investment an investment can make is $100000. The fund performance ranges as other in the institutional investment portfolio; weighted against the Russell midcap index is just 0.57 point shy in the period of it has traded. However, in the short run, the observation is not as quite. The funds 5 year valuation gives a negative posting making against its benchmark. The one year measure is also a less value compared to the Russell index. There company funds performance is more of a cycle with high peaks and low troughs, just as the options it invests in. The year to date (2012 to date) gives a strong index value, but not the month- end value, that oscillates back to the negative, showing signs of high volatility in the investment options and maybe weakness in the fund management. Mutual Fund The Lazard US Mid cap equity portfolio is one of the funds in the Hazardnet group that hope to generate strong returns and outshine peers in the market of institutional investment and set the benchmark for the complete market cycle. The fund has a bottom-up loom to stock selection, as is shown by all portfolios held by HazardNet. They conduct the fundamental analysis before investing, with emphasis on sustainability of returns. This is ensured by though analysis of the accounting employed by the companies and the historical statistics of benefits offered, that is, high P/E, dividend yield and stability of stock. Quantitative research is done to ensure that the target company’ ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Lazard US Mid Cap Equity Portfolio Case Study Example | Topics and Well Written Essays - 2250 words”, n.d.)
Lazard US Mid Cap Equity Portfolio Case Study Example | Topics and Well Written Essays - 2250 words. Retrieved from
(Lazard US Mid Cap Equity Portfolio Case Study Example | Topics and Well Written Essays - 2250 Words)
Lazard US Mid Cap Equity Portfolio Case Study Example | Topics and Well Written Essays - 2250 Words.
“Lazard US Mid Cap Equity Portfolio Case Study Example | Topics and Well Written Essays - 2250 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Lazard US Mid Cap Equity Portfolio

Model in the projection of equity portfolio

...?Introduction Financial services industry largely relies on the use of modeling. For instance, investment bankers employ financial modeling to guide them through mergers, acquisitions and public offerings in order to ensure client investments are secure. On the other hand, corporate bankers employ this technique to evaluate ability of companies to meet their debts. Similarly, pension funds as well as insurance companies utilize modeling in identification of assets for their respective portfolios. Private equity funds, just like other sectors also use models to evaluate their effectiveness and performance. The widespread use shows the effectiveness of...
12 Pages(3000 words)Essay

Cap task3c

...PROJECT 3.0 Functional areas The three functional areas upon which the problem is based include financial planning, research and development, and leadership. These are discussed as follows: 3.1 Financial planning This project will require substantial funds to be spent on purchase of sophisticated equipment that is used in implementation of image segmentation technique. Before the project is approved, an appropriate budget estimate has to be approved, but that will require adequate justification of all the important expenditure – the project cannot be approved without proper justification of budget estimate. This will be a tasking process keeping in mind that budgeting requires specialized accounting knowledge, but I will...
20 Pages(5000 words)Term Paper

Hedging an Equity Portfolio

...? Hedging an Equity Portfolio Insert Insert Grade Insert Insert A1. Derivatives traded on exchange markets that may include currency futures and options and swaps are usually limited. Moreover, the foreign market activities have a vulnerability of being highly hindered by the presence of exchange controls and other regulations. As a result, of this hindrance, market players are constantly adopting to adjustments that will enable a dynamic approach in risk management of foreign exchange (Hull 2012). Consequently, elements of risk management like cross-hedging have come up. This tool is used in the reduction of risks in the event that expected cash flows are dominated in a low value...
7 Pages(1750 words)Essay

Hedging An Equity Portfolio

...? Hedging an Equity Portfolio Using Options Table of Contents Table of Contents 2 0 Introduction 3 2.0 Advantages and disadvantages of using options to hedge this scenario compared to using futures only 3 3.0 Explanation of how options could be used to hedge the risk faced by the fund manager 5 4. Explanation and discussion of how a zero cost collar could be used in this scenario 5 4.1 Explanation and discussion of the zero cost collar 5 4.2 Application of the zero collar cost shown with an example 6 5. Considerations of additional risks and considerations to be taken into account when using options to...
8 Pages(2000 words)Essay


...? MID SECTION TEXTUAL ANALYSIS (d) The term “Heart of Darkness” or the of the novel has several implications. Dual meaning interplays aroundthe connotation provided by Joseph Conrad for his insightful and ominous novel. Literally, the title signifies the dark continent of Africa denoted by Congo in the novel. However, at the metaphorical level, the title signifies the experiences encountered by Marlow at the interior region of the continent denoted by the name Congo in the novel. At the outset of the novel, the events initiating the plot and the concluding events of the plot do take place outside Congo, but the climax and the most potent along with major events of the novel do take place at the interior region or ‘heart’...
7 Pages(1750 words)Book Report/Review

America at Mid Century (US History)

...America at mid-century IKE- Between 1952-1961 most Americans "liked Ike. If you had been alive then would you have liked Ike as well and perhaps even voted fr him? Explain. The word IKE is used as a campaign slogan “I LIKE IKE” by President Dwight IKE Eisenhower during his bid for US presidency. If the presidential 1952-1961 is held today, I will probably join the campaign and vote for him as well. My impressions of him will include only those before his presidency and reasons why I LIKE IKE. I like IKE mostly because I am impressed of his military career. Before being involved in politics he devoted his life in the army. He faced the rudiments of war in many countries for several...
1 Pages(250 words)Assignment


...Civilization Homework explain the term humanism  Humanism is defined by the American Humanist Associationas “a progressive philosophy of life that, without theism and other supernatural beliefs, affirms our ability and responsibility to lead ethical lives of personal fulfillment that aspire to the greater good of humanity” (“What is Humanism?”). From this definition, humanism means that man should learn how to trust himself regardless of what the tenets of established religion has taught him. Humanism is a movement that encourages man to own the freedom to think for himself and to use reason in the best way he could in order to satisfy human needs as well as serve human interests. 2- how did the plague or black death...
2 Pages(500 words)Essay


..., this paper will explain whether and how this influence affects the entire life of a child. Questions 1. Do parents and peer related issues affect a child’s learning experience ? Sub questions 1. How do parent affect a child’s learning experience? 2. How do peers affect a child’s learning experience? 3. In what ways do they affect a child’s entire life development? Professional Significance The major reason for this project is to find out ways by which a child’s learning experience is affected. It will also identify ways through which both parents and friends to a child can affect the development of a child. Moreover, will identify means by which the effects can neutralize or correct. This will enable us to find the...
1 Pages(250 words)Essay


...The Salary Cap Introduction The Salary cap entails the level of wage limit that is place for every player in a team. This means that the team may set a limit the amount of salary earned by each player. The salary cap was placed based on the agreement made between players and the team. However, in some situation the agreement could not be made amicably because some players felt that the salary cap was infringing their rights to descent salaries. This means that disagreement may arise between the players and their respective teams as players decide to boycott as well as carrying out strike as a way of airing their grievances to their teams. In order to address the problem...
5 Pages(1250 words)Research Paper

Hedging an Equity Portfolio

...Finance and Accounting Hedging an Equity Portfolio Contents Contents 2 Part A. 3 Portfolio Setup 3 Part B. 3 Hedging:- 3 Explain the advantages and disadvantages of using options to hedge this scenario compared to using futures only 3 Explain and discuss how a zero cost collar could be used in this scenario. Give an example using current options prices 4 Confirm your result using the OSA (Option Scenario Analysis) function on Bloomberg 5 Show and explain the effect of your hedge on the profit and loss of your portfolio in different market scenarios. Show screen casts of your...
8 Pages(2000 words)Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Case Study on topic Lazard US Mid Cap Equity Portfolio for FREE!

Contact Us