News & Videos - LAZARD INC.

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Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.09339 per share on the Fund’s outstanding common stock. The distribution is payable on September 22, 2023 to shareholders of record on September 12, 2023. The ex-dividend date is September 11, 2023. The Fund will pay a previously declared distribution today, August 22, 2023....

Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of July 31, 2023 totaled approximately $244.4 billion. The month’s AUM included market appreciation of $4.5 billion, foreign exchange appreciation of $1.7 billion and net outflows of $1.1 billion. LAZARD LTD ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions) As of: July 31, June 30, 2023 1 2023 Equity $189,183 $184,725 Fixed Income 46,780 45,851 Other 8,475 8,764 Total AUM $244,438...

Lazard Ltd (NYSE: LAZ) today reported operating revenue 1 of $620 million for the quarter ended June 30, 2023. Net income, as adjusted 2 , was $23 million, or $0.24 per share, diluted, for the quarter. On a U.S. GAAP basis, second-quarter 2023 net loss was $124 million, or $1.41 per share, diluted. First-half 2023 net loss, as adjusted, was $0.3 million. On a U.S. GAAP Basis, first-half 2023 net loss was $146 million, or $1.68 per share, diluted. "Lazard’s diversified global business model has...

Lazard Ltd (NYSE: LAZ) today announced that its Board of Directors has voted to declare a quarterly dividend of $0.50 per share on its outstanding common stock. The dividend is payable on August 18, 2023, to stockholders of record on August 7, 2023. About Lazard Lazard, one of the world's preeminent financial advisory and asset management firms, operates from 43 cities across 26 countries in North and South America, Europe, Asia and Australia. Celebrating its 175 th year, the firm provides...

Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.09339 per share on the Fund’s outstanding common stock. The distribution is payable on August 22, 2023 to shareholders of record on August 11, 2023. The ex-dividend date is August 10, 2023. The Fund will pay a previously declared distribution today, July 24, 2023. The following...

Glancy Prongay & Murray LLP (“GPM”) announces its investigation of the following Lazard Asset Management fund concerning the Company and its directors’ and officers’ possible violations of state laws: Fund Name Ticker (NYSE) Lazard Global Total Return and Income Fund, Inc. LGI If you own stock in this Lazard fund, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Tom...

Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of June 30, 2023 totaled approximately $239.3 billion. The month’s AUM included market appreciation of $7.7 billion, foreign exchange appreciation of $1.6 billion and net inflows of $0.1 billion. Preliminary average AUM for the quarter ended June 30, 2023 was $235.4 billion. LAZARD LTD ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions) As of: June 30, 2023 1 May 31, 2023 Equity...

Lazard Ltd (NYSE: LAZ) will announce its second-quarter and first-half 2023 financial results in a press release to be issued Thursday morning, July 27, 2023. The press release will be available on Lazard’s website at: www.lazard.com . Lazard will host a conference call at 8:00 a.m. EDT on July 27, 2023, to discuss the company’s financial results for the second quarter and first half of 2023. The conference call can be accessed via a live audio webcast available through Lazard’s Investor...

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Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.09339 per share on the Fund’s outstanding common stock. The distribution is payable on July 24, 2023 to shareholders of record on July 10, 2023. The ex-dividend date is July 7, 2023. The Fund will pay a previously declared distribution today, June 22, 2023. The following table...

Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of May 31, 2023 totaled approximately $230.0 billion. The month’s AUM included foreign exchange depreciation of $2.9 billion, net outflows of $0.9 billion and market depreciation of $0.8 billion. LAZARD LTD ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions) As of: May 31, April 30, 2023 1 2023 Equity $176,530 $180,245 Fixed Income 45,178 46,034 Other 8,260 8,364 Total AUM $229,968...

Lazard Ltd (NYSE: LAZ) today announced that Peter R. Orszag, currently CEO of Financial Advisory at Lazard, has been unanimously elected by its Board to serve as CEO of Lazard and as a Board Director. Kenneth M. Jacobs, Chairman and CEO of Lazard, will serve as Executive Chairman of the Board and will continue to advise clients on strategic financial matters. These changes will take effect October 1, 2023. “Peter is the optimal choice as the next CEO of Lazard,” said Richard D. Parsons, Lead...

Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.09339 per share on the Fund’s outstanding common stock. The distribution is payable on June 22, 2023 to shareholders of record on June 9, 2023. The ex-dividend date is June 8, 2023. The Fund will pay a previously declared distribution today, May 22, 2023. The following table...

Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of April 30, 2023 totaled approximately $234.6 billion. The month’s AUM included market appreciation of $2.0 billion, foreign exchange appreciation of $0.6 billion, and net outflows of $0.1 billion. LAZARD LTD ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions) As of: April 30, March 31, 2023 1 2023 Equity $180,245 $178,628 Fixed Income 46,034 45,461 Other 8,364 8,051 Total AUM...

Lazard Ltd (NYSE: LAZ) today reported operating revenue 1 of $527 million for the quarter ended March 31, 2023. Net loss, as adjusted 2 , was $23 million, or $0.26 per share, diluted, for the quarter. First-quarter 2023 net loss on a U.S. GAAP basis was $22 million, or $0.27 per share, diluted. “The first quarter was marked by economic uncertainty and market turmoil, particularly in the financial sector,” said Kenneth M. Jacobs, Chairman and Chief Executive Officer of Lazard. “Asset...

Lazard Ltd (NYSE: LAZ) today announced that its Board of Directors has voted to declare a quarterly dividend of $0.50 per share on its outstanding common stock. The dividend is payable on May 19, 2023, to stockholders of record on May 8, 2023. About Lazard Lazard, one of the world's preeminent financial advisory and asset management firms, operates from 43 cities across 26 countries in North and South America, Europe, Asia and Australia. Celebrating its 175 th year, the firm provides advice on...

Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.09339 per share on the Fund’s outstanding common stock. The distribution is payable on May 22, 2023 to shareholders of record on May 10, 2023. The ex-dividend date is May 9, 2023. The Fund will pay a previously declared distribution today, April 24, 2023. The following table...

Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of March 31, 2023 totaled approximately $232.1 billion. The month’s AUM included market appreciation of $2.8 billion, net inflows of $2.8 billion, which includes approximately $3.9 billion from the acquisition of Truvvo Partners, and foreign exchange appreciation of $2.3 billion. Preliminary average AUM for the quarter ended March 31, 2023 was $226.8 billion. LAZARD LTD ASSETS UNDER MANAGEMENT...

Lazard Ltd (NYSE: LAZ) will announce its first-quarter 2023 financial results in a press release to be issued Friday morning, April 28, 2023. The press release will be available on Lazard’s website at: www.lazard.com . Lazard will host a conference call at 8:00 a.m. EDT on April 28, 2023, to discuss the company’s financial results for the first quarter of 2023. The conference call can be accessed via a live audio webcast available through Lazard’s Investor Relations website at...