Lazard Emerging Markets Equity Portfolio R6 Shares (RLEMX)
Lazard Emerging Markets Equity Portfolio R6 Shares operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $32.22, up 0.34% on the session, giving a market capitalisation of $19.89B. Its beta of 0.91 implies it has historically moved less than the broad market.
This fund aims for significant long-term growth of capital. Its portfolio is chiefly comprised of equity instruments, predominantly common shares, issued by companies based outside the United States, whose core business operations are established within developing economies. The Investment Manager selects these companies when they are identified as being attractively priced relative to their profitability, cash generation, or asset base. Ordinarily, a minimum of 80% of the fund's total assets are committed to the equity securities of companies primarily conducting business in emerging markets.
Lazard Emerging Markets Equity Portfolio R6 Shares is most often compared with the following Financial Services names: