NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management as of December 31, 2020 totaled approximately $258.6 billion. The month’s AUM included market appreciation of $7.7 billion, foreign exchange appreciation of $2.9 billion and net inflows of $0.4 billion. Preliminary average assets under management for the quarter ended December 31, 2020 were $245.6 billion.
| LAZARD LTD | ||||
| ASSETS UNDER MANAGEMENT (“AUM”) | ||||
| (unaudited) | ||||
| ($ in millions) | ||||
| As of: | ||||
| December 31, | November 30, | |||
| 20201 | 2020 | |||
| Equity | $209,732 | $201,083 | ||
| Fixed Income | 43,784 | 41,626 | ||
| Other | 5,126 | 4,940 | ||
| Total AUM | $258,642 | $247,649 | ||
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.
