Lazard Emerging Markets Strategic Equity Portfolio Open Shares (EMBOX) Stock Analysis
DELISTED 2023
What happened to Lazard Emerging Markets Strategic Equity Portfolio Open Shares (EMBOX) stock?
Lazard Emerging Markets Strategic Equity Portfolio Open Shares (EMBOX) no longer trades on public markets. It was delisted in June 2023. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Lazard Emerging Markets Strategic Equity Portfolio Open Shares (EMBOX) trades at $10.85. Lazard Emerging Markets Strategic Equity Portfolio Open Shares (EMBOX) focuses on equity securities in emerging market countries. Market cap: $44.9M, Sector: Financial services.
Last analyzed: Mar 15, 2026Analyst Coverage for EMBOX: EMBOX does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates EMBOX against Financial Services peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
EMBOX: the 2 scored disciplines are evenly split. Dominant signal: Izzy Englander bullish.
How is this calculated? →Lazard Emerging Markets Strategic Equity Portfolio Open Shares (EMBOX) Financial Services Profile
Lazard Emerging Markets Strategic Equity Portfolio Open Shares (EMBOX) is an asset management fund focusing on equity securities within emerging markets, mirroring the MSCI Emerging Markets Index. The fund provides investors exposure to global emerging markets through diversified holdings, including ADRs and GDRs, with a beta of 1.01.
What Is the Investment Thesis for EMBOX?
EMBOX presents an investment opportunity for those seeking exposure to emerging market equities. With a beta of 1.01, the fund exhibits market-correlated volatility. The fund's strategy of investing at least 80% of its assets in emerging market companies, including ADRs and GDRs, allows for diversified exposure across various sectors and geographies within the emerging markets universe. Growth catalysts include the continued economic development and rising consumerism in emerging market countries. However, potential risks include political and economic instability, currency fluctuations, and regulatory changes in these regions. Investors may want to evaluate these factors when evaluating the fund's suitability for their portfolio. The fund's performance is closely tied to the overall performance of the MSCI Emerging Markets Index, making it a benchmark to watch.
Based on FMP financials and quantitative analysis
EMBOX Key Highlights
EMBOX invests at least 80% of its assets in equity securities of companies in emerging markets.
- The fund's holdings may include common stocks, American depositary receipts, Global depositary receipts, and European depositary receipts.
- The investment universe is defined by the MSCI Emerging Markets Index.
- EMBOX has a beta of 1.01, indicating market-correlated volatility.
- The fund does not offer a dividend yield.
Who Are EMBOX's Competitors?
EMBOX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| CAMAX Cambiar Aggressive Value Fund Investor Class | $12.05 | -0.50% | $46.5M | 47 |
| GTCIX Glenmede Disciplined International Equity Portfolio - Advisor Class | $23.54 | +0.17% | $50.4M | 51 |
| JEASX Janus Henderson Global Sust Eq A | $20.18 | -0.25% | $49.8M | 44 |
| JECTX Janus Henderson Global Sust Eq C | $20.07 | -0.30% | $49.6M | 44 |
| JESSX Janus Henderson Global Sust Eq S | $20.24 | -0.25% | $49.8M | 44 |
| AIAFX abrdn Global Infrastructure Fund Class A | $28.40 | -0.07% | $47.6M | 58 |
| AVMA Avantis Moderate Allocation ETF 9 | $73.70 | -0.34% | $47.6M | 47 |
| EFAS Global X - MSCI SuperDividend EAFE ETF | $23.24 | +0.32% | $42.0M | 50 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are EMBOX's Key Strengths?
Experienced investment team with expertise in emerging markets.
- Diversified portfolio across various emerging market countries and sectors.
- Access to Lazard's global research and resources.
- Established track record of managing emerging market equities.
What Are EMBOX's Weaknesses?
High expense ratio compared to some competitors.
- Vulnerability to political and economic instability in emerging markets.
- Currency risk associated with investments in emerging market currencies.
- Dependence on the performance of the MSCI Emerging Markets Index.
What Could Drive EMBOX Stock Higher?
Continued economic growth and development in emerging market countries.
- Increasing demand for investment opportunities in emerging markets.
- Potential inclusion of new countries and companies in the MSCI Emerging Markets Index.
- Adoption of fintech solutions to enhance investment processes.
- Growing demand for ESG investing.
What Are the Key Risks for EMBOX?
Political and economic instability in emerging markets.
- Currency volatility and devaluation.
- Regulatory changes and political risks in emerging markets.
- Geopolitical tensions and trade disputes.
- Increased competition from other asset managers.
What Are the Growth Opportunities for EMBOX?
- Increased investment in emerging markets: As emerging economies continue to grow and develop, there is an increasing demand for investment opportunities in these regions. EMBOX is well-positioned to capitalize on this trend by providing investors with access to a diversified portfolio of emerging market equities. The growth of middle-class populations and rising disposable incomes in these countries are driving consumer spending and economic expansion, creating favorable conditions for businesses operating in these markets. This trend is ongoing.
- Expansion of emerging market indices: The MSCI Emerging Markets Index, which serves as the benchmark for EMBOX, is subject to periodic reviews and updates. The inclusion of new countries and companies in the index can create opportunities for the fund to expand its investment universe and capture additional growth potential. As more countries transition from frontier to emerging market status, the index is likely to evolve, presenting new investment prospects for EMBOX. This is an ongoing process.
- Adoption of fintech solutions: The asset management industry is undergoing a digital transformation, with the adoption of fintech solutions to enhance investment processes, improve client engagement, and reduce costs. EMBOX can leverage these technologies to optimize its portfolio management strategies, streamline operations, and provide investors with better access to information and services. The integration of AI and machine learning can also help the fund identify and capitalize on emerging market trends. This is an ongoing opportunity.
- Growing demand for ESG investing: Environmental, social, and governance (ESG) factors are becoming increasingly important to investors, particularly those with a long-term investment horizon. EMBOX can integrate ESG considerations into its investment process to attract socially responsible investors and enhance the sustainability of its portfolio. By focusing on companies with strong ESG practices, the fund can potentially mitigate risks and generate long-term value. This is an ongoing trend.
- Strategic partnerships and acquisitions: EMBOX can explore strategic partnerships and acquisitions to expand its reach, enhance its capabilities, and gain access to new markets and investment opportunities. Collaborating with local asset managers or acquiring specialized investment firms can provide the fund with valuable insights and expertise in specific emerging market regions or sectors. These partnerships can also help EMBOX navigate regulatory complexities and build stronger relationships with local stakeholders. This is a potential opportunity.
What Are EMBOX's Competitive Advantages?
- Established track record in emerging market investing.
- Access to Lazard's global research and investment expertise.
- Diversified portfolio of emerging market equities.
- Strong relationships with local partners and stakeholders in emerging markets.
What Does EMBOX Do?
Lazard Emerging Markets Strategic Equity Portfolio Open Shares (EMBOX) is a portfolio that primarily invests in the equity securities of companies operating in emerging market countries. The fund's investment strategy is to allocate at least 80% of its assets into these equity securities, which may include common stocks, American depositary receipts (ADRs), Global depositary receipts (GDRs), and European depositary receipts. The fund's investment universe is defined by the MSCI Emerging Markets Index, ensuring that the principal business activities of the companies are located within these emerging markets. The portfolio aims to provide investors with exposure to the growth potential of emerging economies through a diversified basket of stocks. By including ADRs, GDRs, and EDRs, the fund broadens its reach to companies that may not be directly listed on emerging market exchanges, enhancing its ability to capture opportunities across different regions. The fund's investment approach is designed to generate long-term capital appreciation for its investors, aligning its performance with the overall growth and development of emerging markets. EMBOX operates within the broader asset management industry, catering to investors seeking exposure to emerging market equities. The fund's investment decisions are guided by in-depth research and analysis of the economic and market conditions within these regions, as well as the financial performance and growth prospects of individual companies. The fund's objective is to deliver competitive returns while managing the inherent risks associated with investing in emerging markets, such as political instability, currency fluctuations, and regulatory changes. The fund is managed by Lazard Asset Management, a well-established global asset manager with extensive experience in emerging markets investing.
What Products and Services Does EMBOX Offer?
- Invests in equity securities of companies in emerging market countries.
- Tracks the MSCI Emerging Markets Index.
- Offers exposure to emerging market economies.
- Includes common stocks, ADRs, GDRs, and EDRs in its portfolio.
- Aims for long-term capital appreciation.
- Manages a diversified portfolio of emerging market equities.
- Provides investors access to global emerging markets.
How Does EMBOX Make Money?
- Generates revenue through management fees charged on assets under management (AUM).
- Aims to outperform its benchmark, the MSCI Emerging Markets Index, to attract and retain investors.
- Utilizes a team of investment professionals to research and analyze emerging market companies.
- Distributes its fund through various channels, including financial advisors and institutional investors.
What Industry Does EMBOX Operate In?
The global asset management industry is characterized by intense competition and evolving market dynamics. EMBOX operates within the emerging markets segment, which offers high growth potential but also comes with increased risks. The fund competes with other asset managers offering similar emerging market equity strategies, such as CAMAX, GTCIX, JEASX, JECTX, and JESSX. Market trends include increasing investor interest in emerging markets due to their growth prospects and diversification benefits. However, factors such as geopolitical tensions, trade disputes, and currency volatility can significantly impact the performance of emerging market equities.
Who Are EMBOX's Key Customers?
- Institutional investors seeking exposure to emerging market equities.
- Retail investors looking for diversification and growth opportunities.
- Financial advisors seeking investment solutions for their clients.
- Pension funds and endowments allocating capital to emerging markets.
Lazard Emerging Markets Strategic Equity Portfolio Open Shares (EMBOX) Valuation Context
Valued at $44.9M, EMBOX is classified as a micro-cap stock.
Key Financial Metrics
Return on equity for Lazard Emerging Markets Strategic Equity Portfolio Open Shares stands at 0.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.0%, showing how much profit it generates from its asset base. EMBOX trades at a trailing price-to-earnings ratio of 0.00, below the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 0.0%, the inverse of the P/E and a quick read on earnings relative to price.
EMBOX Financials
Bull Case vs Bear Case
Bull Case
- Insiders seem to be positioning themselves favorably, which often signals confidence in the company's future prospects.
- The general buzz in the community seems optimistic, with many highlighting the potential of emerging markets.
- Market perception is shifting towards recognizing the long-term growth potential in emerging economies.
- Recent developments suggest increased stability and improved governance in some key emerging markets.
Bear Case
- Insider activity can sometimes be misleading, potentially driven by factors unrelated to the company's core performance.
- Community sentiment can be fickle, heavily influenced by short-term market fluctuations and noise.
- Emerging markets are inherently volatile and susceptible to geopolitical risks, which could quickly reverse positive sentiment.
- Despite improvements, governance and regulatory uncertainties persist in many emerging markets, creating potential roadblocks.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · April 2026
EMBOX Latest News
No recent news available for EMBOX.
What Investors Ask About Lazard Emerging Markets Strategic Equity Portfolio Open Shares (EMBOX) — Financial Services
What happened to Lazard Emerging Markets Strategic Equity Portfolio Open Shares (EMBOX) stock?
Lazard Emerging Markets Strategic Equity Portfolio Open Shares (EMBOX) no longer trades on public markets. It was delisted in June 2023. The figures below are historical and are not a current quote.
Can I still buy EMBOX shares?
No. EMBOX stopped trading on public markets in June 2023, so the shares are not available through a broker. Anything you see quoted for EMBOX elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before EMBOX stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to Lazard Emerging Markets Strategic Equity Portfolio Open Shares. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does Lazard Emerging Markets Strategic Equity Portfolio Open Shares do?
Lazard Emerging Markets Strategic Equity Portfolio Open Shares (EMBOX) is an investment fund that focuses on investing in equity securities of companies located in emerging market countries. The fund aims to provide investors with exposure to the growth potential of these economies by allocating at least 80% of its assets to companies whose primary business activities are in emerging markets.
What are the main risks for EMBOX?
The main risks for EMBOX are inherent to investing in emerging markets. These include political and economic instability, currency fluctuations, and regulatory changes that can significantly impact the value of the fund's investments. Geopolitical tensions, trade disputes, and commodity price volatility can also pose risks to emerging market equities.
How sensitive is EMBOX to currency fluctuations in emerging markets?
EMBOX is significantly sensitive to currency fluctuations in emerging markets. As the fund invests in companies whose principal business activities are located in these countries, the value of its holdings can be directly impacted by changes in exchange rates.
How is EMBOX adapting to the increasing focus on ESG factors in investment decisions?
EMBOX can adapt to the increasing focus on ESG factors by integrating environmental, social, and governance considerations into its investment process. This involves evaluating companies based on their ESG performance and prioritizing investments in those with strong ESG practices. The fund can also engage with companies to encourage them to improve their ESG performance.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- The information provided is based on available data and may be subject to change.
- AI analysis is pending for EMBOX, which may provide additional insights.
- Investment decisions should be based on individual risk tolerance and financial circumstances.