Lazard Asset Management LLC
Lazard Asset Management LLC is a New York-based asset management firm and a subsidiary of Lazard Inc. It specializes in a wide range of investment management and advisory services for institutional and private clients as well as financial intermediaries. The firm provides an array of equity, fixed-income, and alternative investment solutions, leveraging its global network of local offices in more than eight countries. Originally founded in 1848 as part of Lazard, it now employs more than 250 people and is recognized for delivering risk-adjusted investment returns. Lazard Asset Management serves high-net-worth individuals, family offices, institutions, and financial intermediaries worldwide.
Investment Strategy
Lazard Asset Management employs a disciplined, research-driven approach that emphasizes fundamental analysis, global and local insights, and risk management. The firm develops broadly diversified portfolios spanning equities, fixed income, and alternatives with an emphasis on risk-adjusted returns. It uses both active and passive investment strategies, often tailoring solutions to the evolving needs of clients including institutions, financial intermediaries, and private clients. Lazard integrates ESG (Environmental, Social, and Governance) considerations into its investment process where appropriate, striving for long-term capital preservation and growth.
Top Holdings
Equity Positions (2,023)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M MSFT | MICROSOFT CORP | 5.21% | $3.79B | 7,614,015 | $116.09 | $497.41 | +$846.3M |
A AMZN | AMAZON.COM INC | 3.46% | $2.51B | 11,452,354 | $133.82 | $219.39 | +$219.6M |
A AAPL | APPLE INC | 3.33% | $2.42B | 11,805,502 | $153.52 | $205.17 | -$214.4M |
G GOOGL | ALPHABET INC A | 1.98% | $1.44B | 8,151,497 | $51.40 | $176.23 | +$134.2M |
V V | VISA INC | 1.76% | $1.28B | 3,605,699 | $134.10 | $355.05 | -$252.0M |