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.
For comments and feedback: editorial@rttnews.com