Lazard Launches Trio of Equity Funds in US

Tom Burroughes

3 April 2008

Lazard Asset Management has launched three new equity funds in the US, aimed at private individuals as well as institutions. The three funds are: Lazard Global Equity Income Portfolio, Lazard Capital Allocator Opportunistic Strategies Portfolio, and Lazard US Small Cap Equity Value Portfolio. Lazard Global Equity Income Portfolio is a global multi-cap Fund investing in high dividend yielding stocks that are broadly diversified by geography, industry and sector. It is designed for investors who seek total return through a combination of capital appreciation and income. Lazard Capital Allocator Opportunistic Strategies Portfolio is designed for those seeking excess return possibilities from non-traditional asset classes that historically have had low correlation to global capital markets. Lazard US Small Cap Equity Value Portfolio invests in relatively small US companies.