Lazard Reports October 2019 Assets Under Management

Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of October 31, 2019 totaled approximately $235.8 billion. The month’s AUM included market appreciation of $2.9 billion; foreign exchange appreciation of $2.6 billion and net outflows of $0.5 billion.

LAZARD LTD

ASSETS UNDER MANAGEMENT (“AUM”)

(unaudited)

($ in millions)

 

 

As of:

 

October 31,

September 30,

 

2019¹

2019

Equity

 

$193,611

$188,455

Fixed Income

 

37,564

37,722

Other

 

4,671

4,697

Total AUM

 

$235,846

$230,874

(1) Preliminary – subject to adjustment

About Lazard

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.