NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of May 31, 2025 totaled approximately $235.3 billion. The month's AUM included market appreciation of $7.4 billion, net outflows of $3.7 billion, and FX appreciation of $0.2 billion. Outflows included $4.3 billion from a single sub-advised relationship. LAZARD, INC. ASSETS...
Jefferies has hired a veteran Lazard banker as global head of the firm's activism defense practice, people familiar with the situation said on Wednesday, as more corporations face pressure from activist investors.
NEW YORK--(BUSINESS WIRE)--Lazard Asset Management (LAM) today announced that Eric Van Nostrand has joined the firm as Global Head of Markets and Chief Economist. In this newly created role reporting to LAM CEO Evan Russo, Mr. Van Nostrand will work across the firm's investment and research teams, bringing additional macro insights and market perspectives to our investment decisions. As a membe...
LONDON--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) announced today that its new UK headquarters opened at 20 Manchester Square, housing both the firm's Financial Advisory and Asset Management businesses. The new, larger office reflects Lazard's commitment to London as one of the world's leading financial centres and the firm's continued growth in Europe. 20 Manchester Square will become part of ...
JPMorgan is expanding its technology team in the investment bank with four West Coast hires from Goldman Sachs, Bank of America and Lazard, according to a memo to staff seen by Reuters.
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today announced Peter R. Orszag, CEO and Chairman, is scheduled to participate in a fireside discussion at the Morgan Stanley U.S. Financials, Payments & CRE Conference on Tuesday, June 10, at 9:00 a.m. E.T. A live audio webcast will be available via the Lazard Investor Relations website at www.lazard.com. A replay will be available on the sam...
Barron's interviewed eleven financial industry Roundtable-pros who tapped 65 predictions. Six non-ADR foreign-stocks and four mutual funds were dropped by YCharts screens of active US listings, leaving 55. AT&T stands out as the only 'safer' ideal dividend dog, with its price well below annual dividends from a $1,000 investment. Top ten yield picks project average 28.12% total return by May 202...
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of April 30, 2025 totaled approximately $231.4 billion. The month's AUM included FX appreciation of $5.1 billion, market depreciation of $0.9 billion, and net outflows of $0.2 billion. LAZARD, INC. ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions) As of: Apr...
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