NEW YORK–(BUSINESS WIRE)–Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management as of October 31, 2023 totaled approximately $220.1 billion. The month’s AUM included market depreciation of $5.3 billion, net outflows of $2.4 billion and foreign exchange depreciation of $0.5 billion.
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LAZARD LTD ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions) |
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As of: |
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October 31, |
September 30, |
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20231 |
2023 |
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Equity |
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$ |
167,335 |
$ |
174,748 |
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Fixed Income |
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44,711 |
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45,178 |
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Other |
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|
8,027 |
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8,338 |
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Total AUM |
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$ |
220,073 |
$ |
228,264 |
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| (1) |
Preliminary – subject to adjustment |
About Lazard
Lazard, one of the world’s preeminent financial advisory and asset management firms, operates in North and South America, Europe, Asia and Australia. Celebrating its 175th year, the firm provides advice on mergers and acquisitions, capital markets and other strategic matters, restructuring and liability management, and asset management services to corporations, partnerships, institutions, governments and individuals. For more information on Lazard, please visit www.lazard.com. Follow Lazard at @Lazard.
