|Day Low/High||33.01 / 33.75|
|52 Wk Low/High||26.21 / 57.41|
Lazard Ltd (NYSE:LAZ) will announce its second-quarter and first-half 2016 results in a press release to be issued Thursday morning, July 28, 2016.
The portfolio had another good week, with almost all holdings performing well amid the market's rally.
Investors seemed to have breathed a sigh of relief this week, though merger advisors still face huge hurdles.
It was a solid week for the portfolio as the market finished out the first half of the year with a post-Brexit rally.
The portfolio's high cash balance is helping us weather the Brexit-related market storm, which will likely overshoot to the downside.
In a market heavily dependent on momentum rather than fundamentals, we maintain our cautious stance.
Six of the 17 policymakers now anticipate just one rate increase this year.
The central bank is telling us that any eventual move upward in rates will be 'gradual.'
We will continue to be prudent when it comes to the portfolio as we perceive the mood shifting from greed to fear.
Lazard Asset Management LLC today announced the expansion of its multi asset offerings with the launch of the Lazard Global Dynamic Multi Asset Portfolio (Institutional: GDMIX; Open: GDMOX).
With early June data pointing to continued deceleration in the global economy, we added 2 new names to the Bullpen.
Lazard Asset Management LLC today announced that the Lazard International Equity Portfolio (Institutional: LZIEX; Open: LZIOX) has achieved the highest Morningstar Rating™ 1 of five-stars for its overall, ten-year,...
It was a solid week for the portfolio in terms of performance as we added another name to the Bullpen.
We added to one portfolio position last week as we continue to navigate an earnings recession.
Amid another down week for the market, our cautious stance continued to be supported by data and earnings reports.
In a week weighed down by weak jobs numbers and soft data, portfolio holding Amazon continued its positive momentum.
In a busy week of earnings and data, portfolio-holding Amazon jumped after reporting stellar first-quarter results.
UPDATED: Moelis, in particular, may look attractive in the near term, but analysts say a sharp decline in deals will likely slow the company's growth.
As data and earnings point to a growing divergence between value and price, we expect better-priced opportunities to develop.
Despite an earnings and revenue miss, LAZ fared relatively well versus its peers.