Blending emerging market rewards with lower risk

Jai Jacob is the overall manager who, together with Lazard AM's teams, will invest across cash, equities, long and short fixed income including debt and credit, FX, options, and interest rate derivatives. Explaining the strategy and how it compares with fund-of-fund approaches to multi-strategy investment, Jacob had this to say. "The emerging markets have matured considerably over the past 15 to 20 years. Equity markets in emerging economies are more correlated to developed markets as a result of globalisation and different equity styles and market caps have begun to demonstrate distinct...