Lazard Fund Managers

A productive day in Paris with our partner NN!   Last week, we invited some clients to Paris for a unique experience with NN, in collaboration with DNCA Finance. We started the day with a presentation on multi-assets funds by Julien-Pierre Nouen, CFA and Thomas Page-Lecuyer, followed by a networking lunch at the Ritz Paris. We then explored some of Paris's landmarks and visited the @Bibliothèque Nationale de France Richelieu.   A great opportunity to connect with our clients and share updates on our solutions. Thank you to everyone who could join us! Bram Op de Beeck Emmanuel Piechowski Olivia Hariga Eline Depinois

This last sunday, our Lazard team participated in the Run to Kick race organized by the KickCancer association in the beautiful Bois de la Cambre in Brussels. Together, we ran 10km to support the fight against children's cancer.   We are thrilled to share that our collective efforts raised a total of €3,245 for this important cause. It was an incredible experience to come together as a team, contributing to a mission that truly matters 🩷   Thank you to everyone who supported us and to the Kick Cancer association for organizing such a meaningful event!

We recently hosted a Cocktail Dinner Event in partnership with abrdn and Capital Group. During the evening, we presented three funds, including our Lazard Nordic High Yield fund, introduced by Daniel Herdt, CFA, known for its attractive risk premiums compared to other fixed income markets. The event was a great success, providing an excellent networking opportunity with our valued clients. Thank you to all the clients who joined this successful event! Bram Op de Beeck Emmanuel Piechowski Olivia Hariga Eline Depinois

Thank you for joining us in such a special event in the European Diversity Month 2024, hosted by Laura Nateri & TORRES DOMINGO. It was a real pleasure to have with us Andrea Carreras-Candi Casabó, Odile Robotti, Jeremy Carrick, Nicholas Bratt, Miguel Sánchez Esteban, CAF In our II Edition Diversity by Lazard, we touched such hot topics as ageing and education.   We are looking forward to celebrating the III Edition, in a new chapter to a more inclusive and diverse world, thank you all for being part of this emotional journey.   Several surprises to come... stay tuned! See you next year! Thank you to our partners: Women7, EFPA Europe │ European Financial Planning Association, REDI.LGBTI

📈 #ChartOfTheWeek: Freight: an inflationary risk is reappearing Despite this week's declining U.S. inflation figures, some signs still call for caution. For example, freight costs (container shipping) have risen again in recent months, suggesting that inflation may still be difficult to curb. Discover our analysis: https://lnkd.in/eqGmkSh7 #Inflation

[#Belgium] Last Friday, our Belgian team and the Climate Action portfolio team members participated in a unique team-building activity with Forest Fwd. We explored a field of trees that Lazard planted last year to support reforestation in Belgium. It was a perfect day to reconnect with nature, learn more about local flora and fauna, and strengthen our bonds as colleagues🌳 Bram Op de Beeck Emmanuel Piechowski Olivia Hariga Eline Depinois

📈 #ChartOfTheWeek: Which factors have boosted European banking profits? In Q1 2024, net interest income, directly linked to interest rates, had a positive contribution to the ROE of European banks compared to Q1 2023. However, the main contribution to the growth in results is related to the reduced contributions of banks to the Deposit Guarantee Scheme (DGS) and the Single Resolution Fund (SRF), following several years of efforts to build these prudential funds. Discover our analysis: https://lnkd.in/eNMagyG9  #EuropeanEconomy #BankingResults

📈 #ChartOfTheWeek: Americans have never flown so much On June 23, nearly 3 million people flew in the United States, setting a historic record. Air traffic is just one indicator among many, but its significant correlation with total household consumption makes it an interesting data point on the dynamics of the American economy. Discover our analysis: https://lnkd.in/e_bUN7GC #AmericanEconomy #AirTransport

📈 #ChartOfTheWeek: Nordics escape budget concerns Nordic countries are among the least indebted in Europe. This sound and sustainable management of public finances translates into a higher quality environment for businesses in the region, which positively impacts financial markets. Discover our analysis: https://lnkd.in/da44WcYM #PublicDeficit #EuropeanEconomy

Our team is participating in the Run to Kick event organized by KickCancer in Brussels on September 29, 2024, to raise funds for cancer research.   We are committed to this cause and are working together to make a difference. Thank you for your support!   https://lnkd.in/eAq6bef3