Lazard Asset Management to Conduct Layoffs

Posted on 10/03/2019


Following an annual review, Lazard is terminating up to 7% of its workforce in its asset management unit Lazard Asset Management. The asset manager could shutter a number of funds by the end of 2019. Lazard Asset Management has struggled in 2019 keeping mandates from public funds, according to SWFI data. Lazard Asset Management employs […]