Company: LAZ
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001628280-25-007441
Chunk: 97

Company: Lazard, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 1
Chunk 97
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 all products and platforms, many of whom have substantial industry or sector specific expertise; and

•world-wide brand recognition and multi-channel distribution capabilities.

Our Investment Philosophy, Process and Research 

Our investment philosophy is generally based upon a fundamental security selection approach to investing. Across many of our products, we apply three key principles to investment portfolios:

•select securities, not markets;

•evaluate a company’s financial position, outlook, opportunities and risks, together with its valuation; and

•manage risk.

In searching for investment opportunities, many of our investment professionals follow an investment process that incorporates several interconnected components that may include:

•fundamental analysis;

•quantitative analysis;

•accounting analysis;

•security selection and portfolio construction; 

•risk management;

•environmental, social and governance (“ESG”) factors; and

•client-specific guidelines.

In our Asset Management business, we conduct investment research on a global basis to develop market, industry and company-specific insights and evaluate investment opportunities. Many of our global equity analysts, located in our worldwide offices, are organized around global industry sectors.

5

Investment Strategies 

Our Asset Management business provides equity, fixed income, cash management and alternative investment strategies to our clients, paying close attention to our clients’ varying and expanding investment needs. We offer the following product platform of investment strategies: 

GlobalMulti-RegionalLocalEmerging MarketsEquityGlobalLarge CapitalizationSmall CapitalizationThematicListed InfrastructureQuantitativeMulti-AssetManaged VolatilityReal AssetsSustainableGlobal ExGlobal Ex-AustraliaGlobal Ex-U.S.Global Ex-Emerging MarketsThematicRoboticsHealthGender DiversityQuantitative ClimatePan-EuropeanLarge CapitalizationSmall CapitalizationMulti-Capitalization ValueQuantitativeEurozoneLarge CapitalizationSmall CapitalizationThematicContinental EuropeanSmall CapitalizationMulti CapitalizationEurozoneAsianAsia Ex-JapanQuantitativeEurope, Australasia and Far EastLarge CapitalizationSmall CapitalizationMulti-CapitalizationQuantitativeU.S.Large CapitalizationSmall CapitalizationMulti-CapitalizationSustainableQuantitative Small CapitalizationQuantitative Large CapitalizationU.K.U.K. (Large Capitalization)FranceLarge CapitalizationSmall CapitalizationAsia PacificAustralia Japan Emerging MarketsLarge CapitalizationSmall CapitalizationQuantitativeMulti-AssetManaged VolatilityMiddle East North AfricaMiddle East North AfricaFixed IncomeGlobalCore/Core PlusTotal ReturnShort DurationConvertiblesCash ManagementAbsolute ReturnPan-EuropeanCore High YieldCash ManagementDuration OverlayConvertiblesTotal ReturnGreen BondsEurozoneCore/Core PlusCash ManagementCorporate BondsNordicScandinavian Short DurationHigh Yield