Lazard Reports Preliminary AUM Of ~$290.3B As Of August 31
The month's AUM included market appreciation of $3.7 billion, net outflows of $1.8 billion and FX appreciation of $1.5 billion.
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Why It Matters
Lazard manages about $290 billion in money for clients. Markets went up and helped, but some clients took money out, so the total stayed about the same.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.