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11 Nov 2009, 08:43
Kudos
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I am an asian student in Germany and have already finished 2 internships at DWS Investments (Deutsche Asset Management) and Allianz Global Investors in Germany respectively. I got recently an 6-month internship offer at Lazard AM in Germany. As I know, the total Asset under Management at Lazard is only ca.120 Billion. So it means the Lazard's AM is not as preeminent as her core M&A branch? And furthermore her AM business in Germany is even quite smaller. Should man accept this internship there? Thks for your advice.
osbornecox
05 Dec 2009, 11:45
Kudos
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Asset management is supposedly one of Lazard's core practices (M&A of course being its bread and butter). Lazard Capital Markets is actually a separate company!
I wouldn't be too discouraged by its USD 120 billion AUM - this is a small(ish) company after all. That's quite a lot for the size of the company.
What aspect of asset management are you looking at? Portfolio management? Distribution?
I wouldn't be too discouraged by its USD 120 billion AUM - this is a small(ish) company after all. That's quite a lot for the size of the company.
What aspect of asset management are you looking at? Portfolio management? Distribution?
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