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Business Wire
1 month ago
Lazard Asset Management Announces Conversion of Mutual Fund to US Systematic Small Cap ETF
NEW YORK--(BUSINESS WIRE)--Lazard Asset Management today announced the successful conversion of the Lazard US Systematic Small Cap Equity Portfolio into the Lazard US Systematic Small Cap Equity ETF (NASDAQ: SYZ). The ETF aims to generate above-market returns for investors by investing in the under-covered, inefficient market of US small cap stocks, while seeking to deliver tax efficiency at lower fees. “Small cap stocks stand out to us as a compelling opportunity, and we are excited to offer a.
