Lazard Reports Preliminary AUM Of ~$286.9B At End-July
The month's AUM included market appreciation of $1.5 billion, net inflows of $0.4 billion and FX appreciation of $0.4 billion.
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Lazard (NYSE:LAZ) reported second-quarter financial results on Thursday. The transcript from the company's second-quarter earnings call has been provided below. This transcript is brought to you by Benzinga APIs.
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The month's AUM included market appreciation of $1.5 billion, net inflows of $0.4 billion and FX appreciation of $0.4 billion.
Read original at benzingaKeefe, Bruyette & Woods analyst Alex Bond maintains Lazard (NYSE:LAZ) with a Market Perform and lowers the price target from $44 to $42.
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