Lazard Asset Management Launches US Systematic Small Cap Equity Portfolio

Rhea-AI Summary

Lazard Asset Management LLC has launched the new Lazard US Systematic Small Cap Equity Portfolio (Institutional: LUSIX; Open: LUSOX), managed by its experienced US Systematic Equity team, which averages 16 years of industry experience. The Fund targets small capitalization companies within the Russell 2000 Index, utilizing a unique investment strategy that blends fundamental and quantitative analysis. As of September 30, 2021, Lazard managed over $44 billion in US equity strategies, underlining their expertise in this market segment.

Positive

• Launch of Lazard US Systematic Small Cap Equity Portfolio, expanding product offerings.
• Managed by an experienced team with an average of 16 years in investment management.
• Targeting an inefficient market segment with potential for strong returns.

Negative

• None.

 

NEW YORK--(BUSINESS WIRE)-- Lazard Asset Management LLC (“LAM”) today announced the launch of the Lazard US Systematic Small Cap Equity Portfolio (Institutional: LUSIX; Open: LUSOX) (the “Fund”), a US mutual fund managed by the Lazard US Systematic Equity team.

The Lazard US Systematic Equity team is comprised of Oren Shiran, Stefan Tang, and Seavan Sternheim, who joined LAM in 2019 and have worked together since 2013. With an average of 16 years’ experience in the investment industry, the team has extensive expertise in fundamental and quantitative research. The Fund will follow the same long-only investment approach as the existing US Systematic Small Cap Equity strategy, which launched in 2015. The team also manages a long/short strategy.

“Technology is essential to the investment process today in a way that was unthinkable twenty years ago, but fundamental analysis is still a vital part of every investment decision,” said Oren Shiran, Portfolio Manager on the Lazard US Systematic Equity team. “We have developed a differentiated analytical framework designed to combine the merits of both fundamental and quantitative analysis to provide a more powerful and consistent solution for investors.”

The Fund invests primarily in equity securities of small capitalization companies within the range of the Russell 2000 Index. It is managed using a proprietary investment strategy that creates and applies what the team refers to as “Insights” and employs its “Insight-driven” process to identify investments with fundamental traits the team believes are undervalued by the market. The strategy combines fundamental and quantitative techniques into a fully systematic process – that is, the team converts subjective criteria used to evaluate potential investments into quantitative formulas based on, among other things, market observations and testing of resulting hypotheses.

“US small cap equities offer investors exposure to dynamic companies in an inefficient segment of the market,” said Ron Temple, Head of US Equity at LAM. “Our US Systematic Small Cap Equity Portfolio harnesses both technology and Lazard’s well-established expertise in fundamentally driven investing to offer investors access to this underappreciated opportunity.”

As of September 30, 2021, LAM managed more than $44 billion of client assets in US equity strategies.

About Lazard Asset Management (LAM) LLC
An indirect subsidiary of Lazard Ltd (NYSE: LAZ), LAM offers a range of equity, fixed-income, and alternative investment products worldwide. As of September 30, 2021, LAM and affiliated asset management companies in the Lazard Group managed $272.6 billion worth of client assets. For more information about LAM, please visit www.LazardAssetManagement.com. Follow LAM at @LazardAsset.

AM- LAZ

View source version on businesswire.com: https://www.businesswire.com/news/home/20211104005270/en/

Media:

Zoe Butt, +44 20 7448 2802

zoe.butt@lazard.com

Tara Flanagan, + 1 571 414 0304

tflanagan@prosek.com

Source: Lazard Asset Management LLC

FAQ

What is the new Lazard US Systematic Small Cap Equity Portfolio?

The Lazard US Systematic Small Cap Equity Portfolio is a mutual fund focused on small capitalization companies, managed by Lazard's experienced US Systematic Equity team.

Who are the managers of the Lazard US Systematic Small Cap Equity Portfolio?

The portfolio is managed by Oren Shiran, Stefan Tang, and Seavan Sternheim, all of whom have extensive industry experience.

What investment strategy does the Lazard US Systematic Small Cap Equity Portfolio use?

The Fund employs a proprietary strategy that combines fundamental and quantitative analysis to identify undervalued investments.

How much client assets does Lazard manage in US equity strategies?

As of September 30, 2021, Lazard managed over $44 billion in US equity strategies.

What is the significance of small cap equities in the investment market?

Small cap equities represent dynamic companies in an inefficient market segment, offering potential growth opportunities for investors.