Lazard Equity Megatrends ETF
THMZ
NASDAQ- -
USD
- -
- -
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
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in mil. unless spec.- CEO
- Paul Jacobson
- Full Time Employees
- 720
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 30 Rockefeller Plaza New York NY United States of America 10112
- IPO Date
- Apr 7, 2025
- Website
- thorne.com
- Similar Companies
- Business
- Lazard Equity Megatrends ETF (THMZ) is an exchange-traded fund managed by Lazard Asset Management LLC, a subsidiary of Lazard Inc., that seeks long-term capital appreciation by investing in companies positioned to benefit from global megatrends including demographic shifts, technological innovation, resource scarcity, and social change. The fund's portfolio emphasizes equity securities of companies across sectors such as technology, healthcare, consumer discretionary, and industrials; it employs a bottom-up fundamental research process to select high-conviction stocks with sustainable competitive advantages and exposure to structural growth themes like aging populations, digital transformation, climate transition, and urbanization. THMZ offers investors diversified access to these themes through active management, with holdings typically comprising 40-60 companies globally, benchmarked against a modified MSCI ACWI Index. Lazard Asset Management provides a range of investment solutions including equity strategies, fixed income, alternatives, and multi-asset products; its ETF lineup, including THMZ launched in 2024, complements passive offerings with active insight into megatrends. The firm operates in over 20 countries with principal offices in New York, London, Paris, and Tokyo, targeting institutional investors, financial advisors, and high-net-worth individuals. Lazard Inc., founded in 1848 and headquartered in New York, oversees the broader financial advisory and asset management businesses. Recent developments include the expansion of Lazard's ETF platform with the introduction of THMZ in mid-2024, reflecting a strategic push into thematic investing amid rising demand for trend-driven strategies; this follows asset management inflows and enhancements to sustainable investment frameworks aligned with ESG considerations. In 2025, Lazard announced partnerships with select index providers to bolster ETF liquidity and distribution, alongside a reorganization of its equity research teams to deepen megatrends coverage. No major acquisitions or name changes have occurred within the last two years, though the firm continues to integrate AI-driven analytics into portfolio construction.