Lazard Reports Decline in Assets Under Management in November

MT Newswires Live12-10

Lazard (LAZ) said Wednesday it had $250.83 billion in assets under management as of Nov. 30, down from $267.78 billion at the end of October.

The company said the month's assets under management were reflected by $18 billion in net outflows, market appreciation of $1.1 billion, and foreign exchange depreciation of $100 million.

Lazard said its assets under management included $196.17 billion in equity, $45.35 billion in fixed income, and $9.31 billion in other assets.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment