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Lazard Real Assets Portfolio Q1 2025 Commentary

Source: SeekingAlpha

2025-05-22 11:30:00 ET

Summary

  • In the first quarter, the Lazard Real Assets Portfolio’s institutional shares and open shares appreciated 6.6% and 6.5%, respectively, outperforming 5.9% gain of the Real Assets Blend Index.
  • Equity markets worldwide receded in the first quarter, as the outlooks for corporate spending and global economic growth were affected by US tariff plans.
  • Equity markets in the developed world fell in the quarter while those in the developing world rose.

Market Overview

Equity markets worldwide receded in the first quarter, as the outlooks for corporate spending and global economic growth were affected by US tariff plans....

Read the full article on Seeking Alpha

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Lazard Real Assets Portfolio Q1 2025 Commentary
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