Several companies and investment funds, including Lazard Global Total Return & Income Fund, Corton Enhanced Income Fund, and Frontline, have announced their latest dividend declarations. These declarations include specific per-share amounts for their respective shareholders.
Lazard has announced plans to acquire a private capital advisory group in a $575 million deal, as private capital firms increasingly engage in complex transactions.
Virtus Investment Partners announced that its total assets under management reached $149 billion by the end of March, indicating its financial scale and growth.
Olivia Lazard warns that Europe's dependence on China for critical raw materials and industrial processing capacity is its Achilles' heel, hindering its ability to compete globally with China and the US.
Lazard (LAZ) has reported an update to its February Assets Under Management (AUM), reaching $277.7 billion, driven by recent inflows and the sale of its stake in Edgewater.
Lazard CEO Peter Orszag stated that the U.S. economy has become a "levered bet on AI." He highlighted the significant reliance on artificial intelligence for economic growth.
Apple's stock surged after the company reported strong quarterly earnings, exceeding estimates due to robust iPhone and Mac demand, especially in China, and subsequently boosted its financial guidance.
Lazard has announced the acquisition of a $575 million firm to strengthen its private markets banking capabilities. This strategic move aims to expand Lazard's presence and offerings in the private investment sector.
The Duval family, Eramet's largest shareholder, is reportedly weighing an exit from the troubled mining company as it faces a looming $500 million capital raise, having hired Lazard for advice.