Lazard Posted Preliminary Assets Under Management (AUM) Of $246.7B As Of December 31, 2023
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Lazard Ltd reported preliminary assets under management (AUM) of $246.7 billion as of December 31, 2023.
January 11, 2024 | 11:56 am
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Lazard Ltd's preliminary AUM of $246.7 billion as of December 31, 2023, reflects the company's current scale and asset management capabilities.
The announcement of preliminary AUM is a routine disclosure for asset management firms and typically does not have a significant short-term impact on stock price unless the figures deviate greatly from expectations. There is no indication in the article whether the AUM figure is above or below market expectations.
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