Lazard Inc. has disclosed that its preliminary assets under management (AUM) as of May 31, 2025, totaled approximately $235.3 billion. The AUM for the month reflected market appreciation of $7.4 billion, net outflows of $3.7 billion, and foreign exchange appreciation of $0.2 billion. Notably, the outflows included $4.3 billion from a single sub-advised relationship. The breakdown of the AUM includes $180.5 billion in equity, $45.8 billion in fixed income, and $9.0 billion in other assets.
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