Lazard Asset Management is celebrating being awarded Best Global Fixed Income Fund at the OFFEX 1998 Awards for Excellence.
The Global International Bond Fund won the offshore sector category. It has returned 48.2 per cent since its launch in April 1994 and is rated AAA by Standard & Poor's.
Director Rupert Tyer says: "We are delighted that the strong and consistent performance of this fund has been recognised. It is an excellent example of how our investment philosophy of consistency and minimising risk works in practice."