A manager at Lazard Asset Management adds Samsung Electronics to a managed fund with about $9.6 billion in assets, according to Bloomberg and the Financial Post. The purchase follows a sharp decline in Samsung shares in July. The manager had not held Samsung for more than a year before this decision, and the addition is described as occurring during the broader memory-sector selloff. Both outlets report that the fund’s performance is strong relative to peers, with Bloomberg stating it is beating 93% of comparable funds. The coverage focuses on the specific portfolio change—adding Samsung after the July market drop—and provides limited additional detail on the overall fund strategy or the size of the Samsung position. No disputes between the two sources are presented. Overall, the reports link Samsung’s July plunge to the timing of the trade within the Lazard fund.