NEW YORK, April 13, 2022--Lazard Ltd (NYSE: LAZ) will announce its first-quarter 2022 results in a press release to be issued Thursday morning, April 28, 2022. The press release will be available on Lazard’s website at: www.lazard.com.
NEW YORK, April 12, 2022--Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management ("AUM") as of March 31, 2022 totaled approximately $252.7 billion. The month’s AUM included market appreciation of $2.4 billion, foreign exchange depreciation of $1.0 billion and net outflows of $0.3 billion. Preliminary average assets under management for the quarter ended March 31, 2022 were $256.4 billion.
We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...