Lazard's October AUM Declines 4.8% Sequentially on Weaker Markets
Portfolio Pulse from
Lazard's assets under management (AUM) for October 2024 declined by 4.8% sequentially, attributed to weaker market conditions.
November 13, 2024 | 6:15 pm
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NEGATIVE IMPACT
Lazard's AUM for October 2024 decreased by 4.8% sequentially, reflecting weaker market conditions.
The decline in AUM is a direct result of unfavorable market conditions, which could negatively impact investor sentiment and Lazard's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100