Wrappers / Structures

Matrix, Lazard unveil UCITS special sits vehicle


UK financial services group Matrix and Lazard Asset Management are joining forces for a new launch in the UCITS space with the rolling out to investors this week of the Matrix Lazard Opportunities Fund.

The fund will pursue a multi-strategy approach across convertibles, corporate and government bonds, equity and credit derivatives - and is managed by a six-strong investment team at Lazard in New York led by Sean Reynolds.

Reynolds, a managing director of Lazard Asset Management and senior portfolio manager, heads a team that has more than 85 years of collective experience in event-driven, relative value and convertible strategies.