Lazard Asset Management provides active investment management services across a wide variety of global equity, fixed income, and alternative investment strategies, including regional equities, emerging markets debt, convertible securities, and quantitative approaches. Operating globally, the firm manages assets primarily on a discretionary basis for a diverse client base that includes individuals, institutions, endowments, foundations, mutual funds, and private funds. Lazard Asset Management relies on an integrated research approach where investment teams collaborate globally to generate investment ideas. In addition to direct portfolio management, the firm offers model portfolios to financial intermediaries and provides asset class allocation recommendations. Lazard Asset Management utilizes third-party custodians and brokers for execution and custody services, and incorporates environmental, social, and governance considerations into certain strategies based on client objectives and team discretion.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $25.0M | 1.00% |
| $25.0M - $50.0M | 0.80% |
| $50.0M - $100.0M | 0.75% |
| $100M+ | 0.65% |
Fee schedules vary widely depending on the specific investment strategy selected (equity, fixed income, or alternatives). Representative private client equity and balanced schedule shown. Fees are negotiable.