Lazard reports September AUM of $284.03 billion
LAZ•Lazard reported preliminary assets under management of $284.0 billion as of Sept. 30, down from $290.33 billion at the end of August.
1. September assets under management
September AUM included $3.2 billion of market depreciation, $2.1 billion of foreign-exchange depreciation and net outflows of $0.9 billion. Preliminary average AUM for the quarter ended Sept. 30 was $286.6 billion.
2. AUM by strategy
Equity AUM totaled $215.33 billion, fixed-income AUM was $33.75 billion, multi-asset AUM was $24.05 billion and alternatives AUM was $10.9 billion.
