Aug. 10, 2025 11:15 PM ETLazard Global Listed Infrastructure Portfolio Institutional Shares (GLIFX), GLFOX, RLGLXGLIFX, GLFOX, RLGLX, CSX, UNP, EXC, EUTLF, ETCMY, VCISF, VCISY, FERLazard Asset Management38 FollowersSummaryIn the second quarter, the Lazard Global Listed Infrastructure Portfolio outperformed its benchmark, the MSCI World Core Infrastructure (USD Hedged) Index (net of fees).Global equity markets rose in the second quarter, in a volatile period marked by a steep sell-off after the rollout of US tariffs in early April, which was then followed by a recovery through May and June.The combination of volatile equity markets and our conservative approach leads us to view current market conditions cautiously. We see pockets of attractive value opportunities, particularly in Europe.Klaus VedfeltMarket OverviewGlobal equity markets rose in the second quarter, in a volatile period marked by a steep sell-off after the rollout of US tariffs in early April, which was then followed by a recovery through May and June. USThis article was written byLazard Asset Management38 FollowersLazard Asset Management delivers world-class investment solutions and long-term value for their clients. When clients partner with Lazard, they gain a trusted advocate committed to championing their success and helping them achieve their unique ambitions. Note: This account is not managed or monitored by Lazard Asset Management, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use Lazard Asset Management's official channels.CommentsRecommended For You