Lazard Asset Management LLC Reports 9.1% Stake in Korea Fund Inc/The

Lazard Asset Management LLC filed a Schedule 13G on May 15, 2026, disclosing a significant new position in Korea Fund Inc/The (KF). As of the event date on March 31, 2026, the investment firm reported beneficial ownership of 377,351 shares of common stock, representing a 9.1% ownership stake in the company. The filing indicates that Lazard Asset Management holds sole voting and dispositive power over the entire position. This filing is classified under Rule 13d-1(b), signifying that the shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. This marks a notable entry for the filer, as previous ownership was reported at 0.0%. The issuer is headquartered in Lutherville Timonium, Maryland, and the securities are classified as equity. The filing was signed by Kyle DiGangi, Managing Director and Global CCO & Counsel at Lazard Asset Management LLC.