Lazard reports preliminary AUM $228.3B as of September 30

Lazard reported that its preliminary assets under management as of September 30, 2023 totaled approximately $228.3B. The month’s AUM included market depreciation of $5.9B, foreign exchange depreciation of $2.7B and net outflows of $0.5B. Preliminary average assets under management for the quarter ended September 30, 2023 were $236.3B.