The Vanguard Group Inc. modified its investment advisory responsibilities for a pair of mutual funds -- the $48.6 billion Vanguard Windsor II Fund and the $7.5 billion Vanguard Morgan Growth Fund. Lazard Ltd. will oversee a majority of the Windsor II Fund.
NEW YORK--(BUSINESS WIRE)-- The Board of Directors of Lazard World Dividend & Income Fund, Inc. (the "Fund") (NYSE:LOR) has authorized the Fund to declare today, pursuant to a level distribution policy, a monthly distribution of $0.06045 per share on the.
Lazard Asset Management offers dozens of mutual funds (open and closed-end) along with a retirement series. Across its global operations, Lazard advises hedge funds, private equity and venture capital investors. Investors and fund managers alike can access.
SEC rules state that mutual funds must disclose conflicts of interest, including payments that might affect decisions. Also in Friday's filing, Lazard said that it planned to cut compensation and benefit costs by $100 million over the next year.
NEW YORK (Reuters) - Neuberger Berman Group LLC has launched its second mutual fund that employs external ... Kupperman said. The new fund’s subadvisers are Cramer Rosenthal McGlynn, LLC, Lazard Asset Management LLC, Levin Capital Strategies, L.P.
will be able to invest up to 100% of the fund’s assets in securities of other mutual funds and exchange traded funds. Effective on or about June 13, 2014, Lazard Asset Management (Canada), Inc. will no longer act as portfolio manager for any portion.
today announced the launch of a new mutual fund in the US. The Lazard Global Listed Infrastructure Portfolio (NASDAQ: GLIFX, GLFOX) is available to both institutional and individual investors. The Lazard Global Listed Infrastructure Portfolio is an.
High dividend and interest funds are important for retirement investing, especially for retirees. Traditionally, income investors have to utilize income producing dividend mutual funds for income investing purpose. Today, with the explosion of ETF.
When it comes to choosing a mutual fund, there's nothing better than a solid track record. After the market's swoon during the financial crisis, and its subsequent bounce back, funds with long-term results and trusted reputations are still the ones being.
Neuberger Berman Group LLC has launched its second mutual ... funds for institutional investors, selects the external managers and assigns the managers to investment niches, Kupperman said. The new fund's subadvisers are Cramer Rosenthal McGlynn, LLC.