Andrew Lister

Lazard AM-UK is an active manager that manages across a wide range of global, regional and country-specific strategies - both traditional and alternative - in listed equity and fixed income. The firm follows a relative value investment philosophy and employs a bottom-up approach to seek higher-than-average returns which are undervalued. They construct portfolios based on in-house fundamental analysis performed by sector teams organized by industry. Their investment professionals integrate ESG analysis into their research and decision-making processes.

aIL is an active manager that makes their investment decisions using first-hand research. They conduct proprietary research to identify investment opportunities with attractive risk-reward characteristics. The firm combines multiple non-correlated investment decisions with risk monitoring and management. Their strategies include equities, fixed income, private markets, alternative investments and real estate. aIL utilizes a bottom-up, fundamental stock-picking approach, where sector, regional and country allocations are a residual of their bottom-up stock selection decisions, constrained by appropriate risk controls.

Closed-End Investment Fund/Investment Trust

PAM is a value-oriented manager. Their focus fund team seeks to outperform the FTSE All-Share Total Return Index over the medium-term, constructing a concentrated portfolio of stocks drawn from the UK equity market which they believe are undervalued. The managers seek to identify the circumstances the undervaluation and promote solutions to stimulate a re-rating of the stock The firm's Advance UK Trust seeks out of favor funds trading at wide discounts to net asset value and well-managed funds positioned to perform. The firm takes a proactive approach, working with boards, managers and advisers to find a solution beneficial to all shareholders.

Provides investment advice