Investor Letters
Lazard Asset Management
- Lazard Emerging Markets Equity Portfolio Commentary Lazard Emerging Markets Equity Portfolio benefited from technology and consumer-staples stock selection, along with overweight financials and energy in Brazil and Greece. Lenovo, Wiwynn, MOL, Vibra Energia and Shinhan Financial aided results, while SK hynix, América Móvil, Grupo Aeroportuario del Pacífico, OTP Bank and Vale detracted amid AI-spending concerns, earnings disappointments and commodity pressures. Q3 2026 —
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