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Lazard reports preliminary AUM $227.4B as of March 31

Lazard (LAZ) reported that its preliminary assets under management as of March 31 totaled approximately $227.4B. The month’s AUM included market depreciation of $5.4B, net outflows of $3.1B and foreign exchange appreciation of $3.1B. Preliminary average AUM for the quarter ended March 31 was $230.8B.

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