In their latest report, Lazard Asset Management highlights that as the Iran conflict enters its third month with stalled diplomacy, the risk of a sharper escalation is increasing. The report also notes key central bank developments, including Powell’s decision to remain at the Fed and a shared caution among major central banks over rising inflation risks and weakening growth, despite differing economic starting points.
Lazard Asset Management serves as the Portfolio Manager of the Caldwell-Lazard CorePlus Infrastructure Fund.
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The information contained herein is intended to provide you with general information related to investment alternatives and strategies and is not intended to be comprehensive investment advice applicable to the circumstances of a specific investor. Commentary and portfolio characteristics are the opinion of the Portfolio Manager based on market conditions as of May 2026. References or inferences to returns do not take into account any management fees, transaction costs, commissions, custodial fees, taxes or other costs that apply when purchasing securities. We strongly recommend consulting with a professional advisor prior to making investment decisions.