Lazard Global Strategic Equity Portfolio Open Shares
LSTOX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 30 Rockefeller Plaza New York NY United States of America 10112
- IPO Date
- Aug 29, 2014
- CIK
- 0000874964
- Similar Companies
- Business
- Lazard Global Strategic Equity Portfolio Open Shares (LSTOX) is an open-end mutual fund managed by Lazard Asset Management LLC that seeks long-term capital appreciation by investing primarily in equity securities, principally common stocks, of companies located worldwide; the portfolio employs a flexible, multi-capitalization approach across market caps, geographies, and sectors, with a focus on generating attractive risk-adjusted returns over full market cycles through bottom-up stock selection unconstrained by benchmarks. Core holdings are diversified across sectors including financial services (approximately 28%), industrials (20%), technology (12%), consumer defensive (12%), and healthcare (8%), with key geographic exposures to the Eurozone (25%), United Kingdom (19%), Japan (16%), United States (10%), and Europe ex-Euro (8%); top positions as of recent data include RELX PLC, Bank Leumi Le Israel BM, ASML Holding NV, Piraeus Financial Holdings SA, and Phoenix Financial Ltd. The fund, part of The Lazard Funds, Inc., was incepted on August 29, 2014, and is domiciled in the United States with net assets of approximately $11.11 million, a net expense ratio of around 1.08%, and daily pricing; it targets institutional and retail investors seeking global large-stock growth exposure with a minimum initial investment of $2,500. Lazard Asset Management, the fund's adviser, operates as a division of Lazard Inc. (NYSE: LAZ), a global financial advisory and asset management firm founded in 1848 and headquartered at 30 Rockefeller Plaza, New York, New York, with offices in 26 countries across North America, Europe, Asia, Australia, and other regions. Recent developments include Lazard's announcement in September 2025 of Chris Hogbin's appointment as CEO of Lazard Asset Management effective December 2025, alongside the firm's "Lazard 2030" strategic plan unveiled in Q3 2025 targeting doubled revenue by 2030 through AI integration (including LazardGPT), expansion into active ETFs, private capital advisory growth, and 10-15 annual Managing Director hires; the asset management segment also maintains focus on productivity enhancements and sector/geographic expansion to support fund strategies like Global Strategic Equity.