Lazard adds Global Equity Income to Selestia platform

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Lazard is listing its Global Equity Income fund on Skandia's Selestia Investment Solutions platform. ...

Lazard is listing its Global Equity Income fund on Skandia’s Selestia Investment Solutions platform. The vehicle will also become part of Skandia’s life and pension fund range. It will be available on the platform as of 18 April. Global Equity Income launched in October last year, and is managed by Patrick Ryan. It aims for an annual target yield of 5% through investment in 60 to 100 high yielding stocks with a market cap of over $3bn.

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