Lazard Reports August 2019 Assets Under Management
Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of August 31, 2019 totaled approximately $228.8 billion. The month’s AUM included market depreciation of $3.8 billion; foreign exchange depreciation of $1.8 billion and net outflows of $0.4 billion.
ASSETS UNDER MANAGEMENT (“AUM”)
($ in millions)
Preliminary – subject to adjustment
Lazard, one of the world's preeminent financial advisory and asset management firms, operates from 43 cities across 27 countries in North America, Europe, Asia, Australia, Central and South America. With origins dating to 1848, the firm provides advice on mergers and acquisitions, strategic matters, restructuring and capital structure, capital raising and corporate finance, as well as asset management services to corporations, partnerships, institutions, governments and individuals. For more information, please visit www.lazard.com. Follow Lazard at @Lazard.