According to the company, its Emerging Markets Multi-Strategy team will dynamically allocate capital across an array of the company’s emerging markets debt and equity strategies.
The allocations will be driven by the team’s assessment of various factors, including the current market environment, with the goal of achieving the portfolio’s investment objective and diversifying exposures and reducing volatility.
The portfolio is managed by a portfolio team comprised of Jai Jacob and James Donald.
Jacob, a portfolio manager/analyst on LAM’s Multi Strategy team, joined the firm in 1998.
Donald, who is head of LAM’s Emerging Markets Equity Group, joined the firm in 1996.
LAM deputy chairman and head of global marketing Charles Carroll said the Lazard Emerging Markets Multi-Strategy Portfolio offers investors an efficient way to access the breadth of LAM’s emerging markets equity and debt strategies through a single mutual fund.
"A multi-strategy approach provides clients with the expertise of individual portfolio managers who select securities for their strategies, with a separate, dedicated team that independently allocates capital to them," Carroll said.
