In their latest report, Lazard Asset Management notes that while the U.S. and Iran have reportedly extended their ceasefire, disruptions to energy markets are likely to persist due to the slow normalization of global shipping and commodity flows. The report also highlights growing economic strain in the U.S., particularly for lower-income households facing higher food and energy costs, and points to weakening Chinese economic data as a sign of continued softness in growth.
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 June 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.