Lazard, Inc. (LAZ), a financial advisory and asset management firm, Thursday said its preliminary assets under management (AUM) as of September 30 was about $247.657 billion, higher than $244.341 billion in the previous month.
The month's AUM included market appreciation of $3 billion, foreign exchange appreciation of $1.5 billion and net outflows of $1.3 billion.
Preliminary average AUM for the quarter ended September 30, 2024 was $246 billion.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.