The Lazard Funds, Inc. - Lazard Global Equity Select Portfolio (GESIX)
The Lazard Funds, Inc. - Lazard Global Equity Select Portfolio operates in the Asset Management - Global industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $19.17, down 0.14% on the session, giving a market capitalisation of $79.9M. Its beta of 0.89 implies it has historically moved less than the broad market.
The portfolio primarily allocates capital to equity securities, with a particular focus on common stocks. The investment manager seeks out companies demonstrating robust or enhancing financial performance, which are also considered undervalued based on their earnings, cash flow generation, or underlying asset values. At least 80% of the fund's holdings will be in equity instruments. Additionally, the portfolio has the flexibility to invest in non-U.S. companies, including those whose main business operations are situated in developing markets.
The Lazard Funds, Inc. - Lazard Global Equity Select Portfolio is most often compared with the following Financial Services names: