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Lazard Global Listed Infrastructure Portfolio Q1 2025 Commentary

Source: SeekingAlpha

2025-05-23 01:30:00 ET

Summary

  • Equity markets worldwide receded in the first quarter, as investors trod cautiously amid growing risks and mounting uncertainty about the global economic outlook.
  • In the first quarter, the Lazard Global Listed Infrastructure Portfolio outperformed its benchmark, the MSCI World Core Infrastructure Index.
  • The combination of volatile equity markets and our conservative approach leads us to view current market conditions cautiously.

Market Overview

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Lazard Global Listed Infrastructure Portfolio Q1 2025 Commentary
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