World News: 11:45 GMT Wednesday 12th June 2019. [Lazard Ltd via Businesswire via SPi World News]
Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of May 31, 2019 totaled approximately $228.7 billion. The month’s AUM included market depreciation of $8.7 billion; net outflows of $1.4 billion; and foreign exchange depreciation of $0.9 billion.
SETS UNDER MANAGEMENT (“AUM”)
($ in millions)
|May 31,||April 30,|
(1) 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.
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Business Wire: 11:45 GMT Wednesday 12th June 2019
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