Lazard Asset Management LLC has launched the Lazard Global Fixed Income Portfolio targeting both institutional and individual investors.
The Fixed Income Portfolio uses a relative value approach driven by their macroeconomic insights, combined with bottom-up security analysis. It is managed by Yvette Klevan and Jared Daniels.
“This strategy offers investors the opportunity to capitalize on unsynchronized economic and interest rate cycles and a means to diversify U.S. dollar exposure,” stated Charlie Carroll, a Deputy Chairman at LAM.
As of December 31, 2011, LAM and affiliated asset management companies in the Lazard group managed $141 billion worth of client assets.
Hung Tran writes for Money Management Executive.