Lazard US Equity Select Portfolio Open Shares
LZUOX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 30 Rockefeller Plaza New York NY United States of America 10112
- IPO Date
- Jan 4, 2005
- CIK
- 0000874964
- Website
- lazardassetmanagement.com
- Similar Companies
- Business
- Lazard US Equity Focus Portfolio Open Shares (LZUOX) is an open-end equity mutual fund managed by Lazard Asset Management LLC, a division of Lazard, seeking long-term capital appreciation by investing at least 80% of its assets in equity securities, principally common stocks, of U.S. companies with large market capitalizations and a blend investment style. The Portfolio offers exposure primarily to U.S. stocks across sectors including technology (28.33%), financial services (19.56%), industrials (12.32%), healthcare (11.30%), and consumer cyclical (9.54%), with top holdings such as Microsoft Corp. (8.38%), Apple Inc. (7.47%), Amazon.com Inc. (6.37%), Alphabet Inc. (5.16%), and Intercontinental Exchange Inc. (4.50%); it maintains a total net assets of approximately $83 million, a net expense ratio of 0.95%, and a minimum initial investment of $2,500. Launched on December 30, 2004, and domiciled in the United States, the fund is available for sale in the U.S. and managed by a team including Andrew Lacey (since inception), Martin Flood, Ross Seiden, Jessica Kittay, and Janice Davies (since April 2024). Lazard Asset Management, founded in 1970 as part of Lazard (established 1848), operates globally from offices in North America, Europe, Asia, Australia, and other regions, providing asset management services including equity portfolios, fixed income, alternatives, and ETFs to institutional and individual investors targeting U.S. and international markets. Recent developments include the addition of Janice Davies to the portfolio management team in April 2024; Lazard Asset Management's launch of its first three actively managed ETFs in the U.S. in April 2025, alongside the conversion of its Emerging Markets Core Equity Portfolio into the Lazard Emerging Markets Opportunities Fund ETF (EMKT) in October 2025; and strategic partnerships such as with Elaia Partners in April 2024 for European technology investments and with Renfin in April 2024 for Italian hydropower via the Lazard Sustainable Private Infrastructure Fund. In December 2025, Vanguard announced the removal of Lazard Asset Management as an advisor for its Windsor II Fund and Vanguard Variable Insurance Funds Windsor II Investor Shares, reallocating assets to other managers, reflecting ongoing industry adjustments. These changes align with Lazard's broader expansion into ETFs and private infrastructure amid robust assets under management growth reported through late 2024.