09:47 AM EDT, 03/12/2024 (MT Newswires) -- Lazard ( LAZ ) said Tuesday it had $248.03 billion of assets under management as of Feb. 29, up from $243.85 billion on Jan. 31.

The financial advisory and asset management firm said the month's assets under management included market appreciation of $7 billion, net outflows of $2 billion, and foreign exchange depreciation of $800 million.

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