Lazard Asset Management has launched two new fixed income funds, the Lazard Emerging Markets Debt Portfolio and the Lazard U.S. Municipal Portfolio.

“These two new mutual funds offer investors additional ways to diversify their portfolios with debt from emerging market countries and U.S. municipalities,” said Charles Carroll, a deputy chairman and head of global marketing at Lazard. “The emerging markets and fixed income investment teams managing these portfolios have a high degree of expertise and experience with their respective fixed income strategies. Both teams rely on fundamental security selection and use a disciplined approach to portfolio construction.”

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