John Rogers Comments on Lazard

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Sydnee Gatewood
Apr 21, 2021
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Financial advisory and asset manager Lazard Ltd. (

LAZ, Financial) weighed on relative performance, despite trading higher on an absolute basis in the period. Importantly, fundamentals at the asset manager remain robust and prices currently represent a healthy discount to our estimate of private market value.



From

John Rogers (Trades, Portfolio)' Ariel Fund first-quarter 2021 commentary.



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I am the editorial director at GuruFocus. I have a BA in journalism and a MA in mass communications from Texas Tech University. I have lived in Texas most of my life, but also have roots in New Mexico and Colorado. Follow me on Twitter! @gurusydneerg