Lazard's Developing Markets equity team explains why they are excited about their growth-at-a-reasonable-price philosophy in developing markets. "We think this phenomenon of paying a high premium for perceived stable growth is a reaction to the global financial crisis that has led many investors to anticipate another large shock to the global economy even as central banks have worked to reduce that risk. This bias could persist but should fade as any of the following begin to occur..." Download Lazard Asset Management's Full Commentary Here Get Free Research Reports on Lazard Asset Management [+] Read More

Lazard Asset Management provides their review of Europe over the last quarter and what they expect moving forward. "Italian Prime Minister Mario Monti recently claimed there was one week to save the euro. While this may be an exaggeration, we feel it neatly sums up the tensions just below the surface as Europe's existential crisis enters a new phase. Much is changing across the continent, but a number of factors in particular are worth watching, including further action by Europe's political elites and the European Central Bank (ECB), movements in the 10-year government bond yields of Spain and Italy, and company results for the second quarter. Significant movements in any of these areas could indicate a substantial shift in the outlook for Europe, in our view." Download Full Commmentary Here Get Free Research Reports about Lazard Asset Management [+] Read More

Money manager Lazard is out with their latest quarterly commentary regarding Emerging Market equity and fixed income. "Over the next 12 to 18 months, we believe that the outlook in emerging markets remains relatively strong and that growth rates will slow to a healthy level. Furthermore, we continue to expect headline inflationary pressures to subside as growth declines marginally and liquidity tightening measures work their way through emerging markets economies. Perhaps most importantly, we believe that valuations are reasonable in emerging markets, given this backdrop." Download Full Commmentary Here Get Free Research Reports about Lazard Asset Management [+] Read More

Money manager Lazard Asset Management comments on the emerging market developments over the last quarter and believes there are opportunities for investors with long-term investment horizons. They "remain confident in the emerging markets' robust fundamentals, and we believe that the longer-term outlook for the asset class is bright." Download Full Commmentary Here Get Free Research Reports about Lazard Asset Management [+] Read More

Lazard believes there are conflicting signals regarding the current economic conditions, which are affecting certain industry sectors differently. Technology and industrials appear to be resilient, while consumer goods and materials are showing weak trends. Energy, health care, and financials are focused on what transpires in Washington, and Lazard thinks that this trend towards government intervention will play a more prominent role in the years to come compared to any time in the last two decades. Lazard believes attractive opportunities for investors exist in finding those companies with healthy balance sheets, strong organic cash flow, and operational flexibility, as these companies should deliver better results over time. Download Full Commmentary Here [+] Read More