NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of November 30, 2020 totaled approximately $247.6 billion. The month’s AUM included market appreciation of $21.6 billion, foreign exchange appreciation of $2.9 billion and net outflows of $1.0 billion.
LAZARD LTD
ASSETS UNDER MANAGEMENT (“AUM”)
(unaudited)
($ in millions)
| As of: | |||
| November 30, 20201 | October 31, 2020 | ||
| Equity | $201,083 | $179,583 | |
| Fixed Income | 41,626 | 39,962 | |
| Other | 4,940 | 4,636 | |
| Total AUM | $247,649 | $224,181 | |
(1) Preliminary – subject to adjustment
About Lazard
Lazard, one of the world's preeminent financial advisory and asset management firms, operates from more than 40 cities across 25 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.
