Lazard to soft-close EM funds and launch new vehicle

Hysni Kaso
26 May 2010

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Lazard Asset Management plans to soft-close James Donald's Emerging Markets funds and launch a new growth-orientated GEMs product.

Donald's value-based Emerging Markets strategy, which has UK and Dublin versions, has about $28bn of global assets and Lazard plans to introduce the capacity management in 60 to 90 days to protect existing...

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