Comprised of some of the world’s most experienced geopolitical minds and business experts, Lazard Geopolitical Advisory provides strategic insights and bespoke analyses to help clients navigate potential risks and opportunities and meet their unique goals.
Lazard Geopolitical Advisory analyzes the recent U.S. Court of Appeals ruling that President Trump’s use of IEEPA to impose broad tariffs was unlawful, creating uncertainty for many trade agreements but leaving sectoral tariffs intact. With an appeal to the Supreme Court expected, Lazard notes the administration will likely pivot to alternative authorities like Section 232 and 301, meaning existing deals are unlikely to unravel though businesses face uneven sectoral impacts.
Lazard Asset Management serves as the Portfolio Manager of the Caldwell-Lazard CorePlus Infrastructure Fund.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
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 September 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.