{"id":397081,"date":"2020-12-10T06:48:08","date_gmt":"2020-12-10T11:48:08","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=397081"},"modified":"2020-12-10T06:48:08","modified_gmt":"2020-12-10T11:48:08","slug":"lazard-reports-november-2020-assets-under-management","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lazard-reports-november-2020-assets-under-management\/","title":{"rendered":"Lazard Reports November 2020 Assets Under Management"},"content":{"rendered":"

<\/p>\n

Lazard Reports November 2020 Assets Under Management<\/b><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nLazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management (\u201cAUM\u201d) as of November 30, 2020 totaled approximately $247.6 billion. The month\u2019s AUM included market appreciation of $21.6 billion, foreign exchange appreciation of $2.9 billion and net outflows of $1.0 billion.\n<\/p>\n

LAZARD LTD
\n
ASSETS UNDER MANAGEMENT (\u201cAUM\u201d)
\n
(unaudited)
\n
($ in millions)<\/b><\/p>\n\n\n\n\n\n\n\n\n
\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\nAs of:\n<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\nNovember 30,
\n
20201<\/sup><\/p>\n<\/td>\n

\n

\nOctober 31,
\n
2020\n<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

<\/tr>\n
\n

\nEquity\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n$201,083\n<\/p>\n<\/td>\n

\n

\n$179,583\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nFixed Income\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n41,626\n<\/p>\n<\/td>\n

\n

\n39,962\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nOther\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n4,940\n<\/p>\n<\/td>\n

\n

\n4,636\n<\/p>\n<\/td>\n<\/tr>\n

\n

Total AUM<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

$247,649<\/b><\/p>\n<\/td>\n

\n

$224,181<\/b><\/p>\n<\/td>\n<\/tr>\n<\/table>\n

\n(1) Preliminary \u2013 subject to adjustment\n<\/p>\n

About Lazard<\/b><\/p>\n

\nLazard, 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<\/a>. Follow Lazard at @Lazard.\n<\/p>\n

Cautionary Note Regarding Forward-Looking Statements:<\/i><\/b><\/p>\n

This press release contains forward-looking statements. In some cases, you can identify these statements by forward-looking words such as \u201cmay\u201d, \u201cmight\u201d, \u201cwill\u201d, \u201cshould\u201d, \u201ccould\u201d, \u201cwould\u201d, \u201cexpect\u201d, \u201cplan\u201d, \u201canticipate\u201d, \u201cbelieve\u201d, \u201cestimate\u201d, \u201cpredict\u201d, \u201cpotential\u201d, \u201ctarget,\u201d \u201cgoal\u201d, or \u201ccontinue\u201d, and the negative of these terms and other comparable terminology. These forward-looking statements, which are subject to known and unknown risks, uncertainties and assumptions about us, may include projections of our future financial performance based on our growth strategies, business plans and initiatives and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by these forward-looking statements.<\/i><\/p>\n

These factors include, but are not limited to, those discussed in our Annual Report on Form 10-K under Item 1A \u201cRisk Factors,\u201d and also discussed from time to time in our reports on Forms 10-Q and 8-K, including the following:<\/i><\/p>\n