UK Onshore Fund Range
Fund Overview
Management Team Profiles
 European Alpha

Aaron Barnfather
Aaron Barnfather
Director, Portfolio Manager/Analyst
Aaron Barnfather is a Portfolio Manager/Analyst and leads the portfolio management team in London who are responsible for the management of European equities. He began working in the investment field in 1994. Prior to joining Lazard in 2008, Aaron was a Senior Portfolio Manager and lead manager on Newton Investment Management’s pan-European portfolios, launching the Newton European Higher Income fund in 2007. Prior to Newton, he held positions at Royal & Sun Alliance Investment Management on the UK, International and European Equity teams. He has a BA in Business Studies from the University of East London and an MSc in Investment Analysis from Stirling University. Aaron is a member of the UK Society of Investment Professionals (UKSIP).
Barnaby Wilson, CFA
Senior Vice President, Portfolio Manager/Analyst
Barnaby Wilson is responsible for managing European equity portfolios. He joined Lazard Asset Management Limited in 1999 as a research analyst and was most recently responsible for covering European and Japanese pharmaceuticals. He became a member of the European Equity Team in January 2006. Barnaby has been working in the investment field since 1998 and prior to joining Lazard worked for Orbitex Investments Ltd. Barnaby has a BA (Hons) in Mathematics and Philosophy from Balliol College, Oxford University.
Marina Leacock
Vice President, Portfolio Analyst
Marina Leacock is an Portfolio Analyst working with our European, EAFE and Global Equity Teams. She joined Lazard Asset Management Limited in March 2004 as a member of the Consultant Relations Team, joining the investment teams in April 2006. Marina has worked in the investment field since 2001. Prior to joining Lazard, she spent three years at INVESCO Asset Management, where she focused on institutional marketing and consultant relations. Marina gained a Masters of Civil Engineering (MEng) from Bristol University. Marina is based in London.
Paul Mangat
Senior Vice President, Product Specialist
Paul Mangat is a Product Specialist on the UK and European Equity team. He began working in the investment field in 1998. Prior to joining Lazard in 2008, Paul was a Senior Product Specialist with RCM covering systematic equity and absolute return strategies. Prior to RCM, he was a Portfolio Manager with AXA Rosenberg for eight years with responsibility for a variety of UK and European quantitative equity strategies. Paul studied at Loughborough University and City University Business School and has held the Investment Management Certificate (IMC) since 1998.

Past performance is not a reliable indicator of future results.  The Fund is a sub-fund of Lazard Investment Funds – a UK based open ended investment company (OEIC). Investors are reminded that the value of shares and income from them can go down as well as up and they may not get back the full amount invested.

In view of the concentrated nature of the portfolio, the level of risk is expected to be higher than a broader based fund.

Fluctuations in the rate of exchange between the currency in which shares are denominated and the currency of investment may have the effect of causing the value of investments to diminish or increase.

The Authorised Corporate Director of the Fund is Lazard Fund Managers Limited, which is authorised and regulated by the Financial Services Authority.