In their latest report, Lazard Asset Management highlights mounting risks from the prolonged U.S. government shutdown, which could weigh on growth and investor confidence in U.S. institutions and the dollar. Meanwhile, China’s deflationary pressures persist despite stronger trade figures, and upcoming data are expected to confirm continued weakness across key sectors.
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 October 2025. 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.