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HomeForex NewsLazard's AUM climbs 7.2% in November, bolstered by market, forex gains (NYSE:LAZ)

Lazard’s AUM climbs 7.2% in November, bolstered by market, forex gains (NYSE:LAZ)

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  • Lazard (NYSE:LAZ) preliminary assets under management rose to $235.9B at Nov. 30, 2023 from $220.1B at Oct. 31, as $13.7B of market appreciation and $13.5B of foreign exchange gains more than offset $1.3B of net outflows, the company said on Tuesday.
  • Equity AUM of $181.4B jumped 8.4% M/M, and fixed income AUM of $46.5B increased 4.0%.

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