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International equity markets continued to trend upward in 2017 with solid returns in March, and during the month Lazard World Trust Fund NAV extended its year-to-date outperformance. EM Asia investments contributed to performance over the period, including Naspers (+7.7%), Fidelity China Special Situations (+5.3%) and Macau Property Opportunities Fund (+19%). Jardine Strategic (+13.2%) and India Fund (+10.