Lazard receives two Lipper Fund Awards

NEW YORK, March 24, 2017 – Lazard Asset Management LLC today announced that the Lazard Global Listed Infrastructure Portfolio (Institutional: GLIFX; Open: GLFOX) received two 2017 Thomson Reuters Lipper Fund Awards in recognition of its superior performance.

The Lazard Global Listed Infrastructure Portfolio was awarded best fund in the Global Infrastructure Funds category for the 3-year period for its third year, and the best over the 5-year period for its second year. It ranked #1 out of 59 eligible funds for the three-year period, and #1 out of 42 eligible funds for the five-year period.

“We are proud to be recognized by Lipper for performance excellence for the third consecutive year,” said Charles Burgdorf, Managing Director and Co-Head of the Financial Institutions Group at Lazard Asset Management. “This award is a testament to the talent and expertise of our Global Listed Infrastructure investment team, and their proven valuation-driven investment process.”

The Lazard Global Listed Infrastructure Portfolio seeks total return by investing in preferred infrastructure companies deemed to be of high quality. The Portfolio seeks long-term, low-volatility returns that exceed inflation and may be a powerful complement to real assets, private equity infrastructure, and global equity allocations. The investment team is among the pioneers in listed infrastructure investing and its members have worked together for over a decade.

The Thomson Reuters Lipper Fund Awards honor funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers.