Lazard Completes Conversion of Mutual Fund into International Dynamic Equity ETF

Lazard Asset Management has successfully converted its Lazard International Equity Advantage mutual fund into the Lazard International Dynamic Equity ETF. This strategic move aims to capture the growing interest in international equities by offering a more tax-efficient and cost-effective investment solution. The ETF, listed on the New York Stock Exchange, seeks to provide consistent excess returns through a diversified portfolio of international equities, utilizing an innovative combination of machine learning and fundamental analysis. This effort is part of Lazard's broader commitment to enhancing its actively managed ETF platform, in response to the evolving demands of investors. The transformation also highlights Lazard's dedication to offering institutional-grade strategies to a wider audience.