Lazard Reports Preliminary AUM of Approximately $259.2B as of March 31
Lazard reported that its preliminary assets under management as of March 31 totaled approximately $259.2B. The month's AUM included market depreciation of $16.1B, FX depreciation of $4.3B and net inflows of $1.8B. Preliminary average AUM for the quarter ended March 31 was $265.5B.