Lazard Reports March 2021 Assets Under Management

Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of March 31, 2021 totaled approximately $264.9 billion. The month’s AUM included market appreciation of $8.2 billion, net outflows of $0.8 billion and foreign exchange depreciation of $3.2 billion. Preliminary average assets under management for the quarter ended March 31, 2021 were $261.5 billion.

LAZARD LTD ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions)
		As of:
		March 31, 20211			February 28, 2021
Equity		$	215,459		$	209,807
Fixed Income			44,249			45,572
Other			5,144			5,302
Total AUM		$	264,852		$	260,681

(1) Preliminary – subject to adjustment

About Lazard

Lazard, one of the world's preeminent financial advisory and asset management firms, operates from more than 40 cities across 25 countries in North America, Europe, Asia, Australia, Central and South America. With origins dating to 1848, the firm provides advice on mergers and acquisitions, strategic matters, restructuring and capital structure, capital raising and corporate finance, as well as asset management services to corporations, partnerships, institutions, governments and individuals. For more information, please visit www.lazard.com. Follow Lazard at @Lazard.

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