The Lazard Emerging Markets Debt Portfolio and the Lazard US Municipal Portfolio are available to both institutional and individual investors, said the company.
The Lazard Emerging Markets Debt Portfolio will be managed by Denise Simon and Arif Joshi who have 25 years and 13 years of industry experience, respectively.
They have managed emerging market debt portfolios together since 2001 and joined LAM in 2010 from HSBC Asset Management.
The Lazard US Municipal Portfolio has an average weighted effective duration of between two and seven years, the interest on which is typically exempt from regular federal income tax.
Portfolio Managers Joe Ramos and George Grimbilas each have over 25 years of industry experience and joined LAM in 2006 from Ambac Financial Group.
Portfolio manager John Senesac has 19 years of industry experience and joined LAM in 2000. He previously worked with Alliance Capital/Regent Investor Services and Trenwick America Reinsurance Corporation.
