Lazard Emerging Markets Equity Advantage Portfolio Open Shares (LEAOX)
Lazard Emerging Markets Equity Advantage Portfolio Open Shares operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $19.43, up 0.67% on the session, giving a market capitalisation of $455.9M. Its beta of 1.06 implies it has historically moved more than the broad market.
The fund typically allocates a minimum of 80% of its capital to the equity shares of companies with significant economic ties to developing nations. Its core investments are primarily in equity instruments, predominantly common stocks, issued by firms based in emerging markets. The Investment Manager employs a rigorous, quantitatively-driven, bottom-up methodology when selecting these securities for the portfolio.
Lazard Emerging Markets Equity Advantage Portfolio Open Shares is most often compared with the following Financial Services names: