Monday, April 13, 2015
Company Overview of Lazard Asset Management LLC
Company Overview of Lazard Asset Management LLC
Lazard Asset Management LLC is a privately owned investment manager. The firm primarily provides its services to individuals. It also caters to high net worth individuals, banking and thrift institutions, investment companies, pooled investment vehicles, pension and profit sharing plans, charitable organizations, corporations and other businesses, state and municipal government entities, other investment advisers, insurance companies, foundations, endowments, Taft-Hartley plans, and public funds. The firm manages separate client-focused equity, fixed income, and balanced portfolios. It launches and manages equity, fixed income, and balanced mutual funds, and manages multi-asset mutual funds. The firm launches and manages hedge funds. It also launches and manages private fixed income and equity funds. The firm invests in the public equity and fixed income markets across the globe. It also invests in alternative markets across the globe. The firm invests in value stocks, growth stocks, and stocks exhibiting growth at reasonable price. It invests in stocks of companies of diversified capitalization, small cap companies with market capitalization between $300 million and $5 billion, small-mid cap companies with market capitalization between $350 million and $10 billion, and in mega cap and large cap companies with market capitalization of more than $5 billion. For its fixed income portion, the firm invests in sovereign debt, quasi-sovereign debt, agency and supranational debt, corporate debt, and municipal debt securities. It also invests in mortgage-backed securities, asset-backed securities, and inflation-linked securities. The firm invests in investment grade bonds and also in bonds rated B- or higher. It also employs convertible arbitrage, event driven strategy, relative value, special situations, and long/short strategy. The firm also invests in preferred securities, convertible stocks, REITs, and derivatives, including futures. It benchmarks the performance of its equity portfolios against various S&P indices, various Russell indices, 3-month LIBOR Index, FTSE EPRA/NAREIT indices, HFRX Global Hedge Fund Index, TOPIX Dividend Index, and various MSCI indices, and its fixed income portfolios against BofA Merrill Lynch 1-10 Year Municipal Bond Index, various Barclays indices, and various JPM indices. The firm employs fundamental and quantitative analysis with a bottom-up stock selection process. It combines in-house and external research to make its investments. The firm was founded on May 1, 1970 and is based in New York City with additional offices in Chicago, Illinois; Chatham, New Jersey; Boston, Massachusetts; San Francisco, California; and Radnor, Pennsylvania. Lazard Asset Management LLC operates as a subsidiary of Lazard Freres & Co. LLC.
Lazard Asset Management
Lazard Asset Management is a subsidiary of Lazard Freres & Co. LLC.
Note: Lazard Freres & Co. LLC is a principal U.S. broker-dealer subsidiary for the Lazard Group LLC.
Lazard Ltd. is a subsidiary of the Lazard Group LLC.
Vernon E. Jordan Jr. is a senior managing director at Lazard Freres & Co. LLC, a director at the Lazard Group LLC, a director at Lazard Ltd, a director at the a senior counsel for Akin, Gump, Strauss, Hauer & Feld, LLP, an honorary trustee at the Brookings Institution (think tank), Valerie B. Jarrett’s great uncle, a director at the American Friends of Bilderberg (think tank), and a 2008 Bilderberg conference participant (think tank).
Lazard Asset Management is a subsidiary for the Lazard Group LLC, and an investor in Rosneft.
Rosneft is a banking subsidiary for the Russian Regional Development Bank, a state-owned oil company for Russia, and Lazard Asset Management is an investor.
Igor I. Sechin is the president of Rosneft, Vladimir Putin’s adviser, and was the deputy prime minister for Russia.
Matthias Warnig is the vice chairman for Rosneft, and a director at the Bank Rossiya.
Yuri V. Kovalchuk is a major stockholder in the Bank Rossiya, and Vladimir Putin’s personal banker.
Vladimir Putin’s personal banker is Yuri V. Kovalchuk, and the president of Russia.
James F. Collins was a U.S. ambassador for Russia, a senior advisor for Akin, Gump, Strauss, Hauer & Feld, LLP, and is a senior associate at the Carnegie Endowment for International Peace (think tank).
Foundation to Promote Open Society was a funder for the Carnegie Endowment for International Peace (think tank), and the Brookings Institution (think tank).
George Soros was the chairman for the Foundation to Promote Open Society.
Cyrus F. Freidheim Jr. is an honorary trustee at the Brookings Institution (think tank), and a member of the Commercial Club of Chicago.
Valerie B. Jarrett is a member of the Commercial Club of Chicago, the senior adviser for the Barack Obama administration, and her great uncle is Vernon E. Jordan Jr.
Posted by Sam and Bunny Sewell at 8:27 PM