Lazard Emerging Markets Equity Advantage Portfolio Q1 2025 Commentary
Source: SeekingAlpha
2025-05-21 09:00:00 ET
Summary
- During the quarter, the Lazard Emerging Markets Equity Advantage Portfolio returned 2.4%, lagging its benchmark, the MSCI Emerging Markets Index, which returned 2.9%.
- Emerging equity markets, as measured by the MSCI Emerging Market Index in USD terms with net dividends reinvested, finished the quarter with a gain of 2.9%, far outpacing their developed market counterparts.
- The increased volatility of the first quarter and shift towards lower-risk stocks were a result of the uncertainty surrounding US tariff policies and their many potential global implications.
Executive Summary
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Lazard Emerging Markets Equity Advantage Portfolio Q1 2025 Commentary
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