For more than fifteen years, our proprietary stock selection models have been as effective at identifying underperformers as they have outperformers. But in a long-only portfolio, only the positive views can be expressed—leaving meaningful return potential on the table.
Lazard Global Equity Advantage 130/30 addresses that limitation. It allows 30% of capital to be used for short-selling our lowest-ranking stocks, so that we can invest 130% of net asset value into more of our highest-ranking ones—an extension of the traditional long-only portfolio designed to capture the full predictive power of our research.
.
As of 31 July 2026
Important Information
This information is provided for information purposes only. Nothing herein constitutes investment advice or a recommendation relating to any security, commodity, derivative, investment management service or investment product. Investments in securities, derivatives and commodities involve risk, will fluctuate in price, and may result in losses. Certain assets held in Lazard’s investment portfolios, in particular alternative investment portfolios, can involve high degrees of risk and volatility when compared to other assets. Similarly, certain assets held in Lazard’s investment portfolios may trade in less liquid or efficient markets, which can affect investment performance. Past performance is not a reliable indicator of future results. The value of investments and the income from them can fall as well as rise and you may not get back the amount you invested.
Information and opinions presented have been obtained or derived from sources believed by Lazard Asset Management LLC or its affiliates (“Lazard”) to be reliable. Lazard makes no representation as to their accuracy or completeness. All opinions expressed herein are as of the published date and are subject to change.
A quantitative investment strategy relies on quantitative models and quantitative filters, which, if incorrect, may adversely affect performance.
Allocations and security selection are subject to change.
Equity securities will fluctuate in price; the value of your investment will thus fluctuate, and this may result in a loss. Small- and mid-capitalization stocks may be subject to higher degrees of risk, their earnings may be less predictable, their prices more volatile, and their liquidity less than that of large-capitalization or more established companies’ securities.
Certain information contained herein constitutes “forward-looking statements” which can be identified by the use of forward-looking terminology such as “may,” “will,” “should,” “expect,” “anticipate,” “target,” “intent,” “continue,” or “believe,” or the negatives thereof or other variations thereon or comparable terminology. Due to various risks and uncertainties, actual events may differ materially from those reflected or contemplated in such forward-looking statements.
This information is intended only for persons residing in jurisdictions where its distribution or availability is consistent with local laws and Lazard’s local regulatory authorizations. The Lazard entities that have issued this information are listed below, along with important limitations on their authorized activities.
Issued by Lazard Asset Management LLC, 30 Rockefeller Plaza, New York, NY 10112.