Lazard Japanese Equity ETF

JPY

Market cap $67M

Japanese government bond yields surged to 2008 highs, signaling potential global market disruption and carry-trade unwinds. Databricks seeks $5B at a $134B valuation, nearly 32x sales, with sales forecast up 55% but gross margin declining to 74%.

Lazard Asset Management on Monday completed the conversion of the Lazard International Equity Advantage mutual fund to the International Dynamic Equity Fund (IEQ). The fund is now trading on the NYSE Arca.

On Monday, Lazard Asset Management announced that it has released its first three active ETFs in the United States. Each of these new funds taps into Lazard's extensive portfolio experience to offer a distinct investment strategy.

NEW YORK--(BUSINESS WIRE)--Today, Lazard announced the launch of its first three actively managed ETFs in the United States, offering more investors access to compelling, differentiated strategies from Lazard's specialized investment teams. Each ETF investment strategy is backed by decades of experience, deep independent research and on-the-ground expertise, offering unique opportunities for growth and diversification. “Today marks a historic milestone for Lazard,” said Evan Russo, CEO of Lazar.