Lazard Asset Management has rolled out two U.S. fixed income mutual funds. The Lazard Emerging Markets Debt Portfolio and the Lazard U.S. Municipal Portfolio are available to both institutional and individual investors.

The Emerging Markets Debt Portfolio, which allocates assets opportunistically across regions, is managed by Denise Simon and Arif Joshi, who joined in 2010 from HSBC Asset Management. The U.S. Municipal Portfolio invests mainly in investment grade U.S. municipal securities. The vehicle is run by Joe Ramos, George Grimbilas and John Senesac.

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