Lazard's Assets Under Management Falls in June

MT Newswires Live
Jul 13

Lazard (LAZ) reported Monday preliminary assets under management of about $284.65 billion as of June 30, down from $284.85 billion in the prior month.

The company said the decrease reflected market gains of $2.3 billion, foreign exchange depreciation of $3.3 billion, and net inflows of $0.8 billion, including the Elaia Partners acquisition.

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