Lazard Reports April 2026 Assets Under Management
Rhea-AI Summary
Lazard (NYSE: LAZ) reported preliminary assets under management of approximately $275.4 billion as of April 30, 2026.
April AUM reflected $13.2 billion in market appreciation, $2.9 billion in FX appreciation and $0.1 billion in net inflows. By asset class, AUM totaled $206.2B in Equity, $35.6B in Fixed Income, $24.2B in Multi Asset and $9.3B in Alternatives.
AI-generated analysis. Not financial advice.
Positive
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Negative
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Key Figures
Market Reality Check
Peers on Argus
LAZ fell 4.37% while key Capital Markets peers like MC, PIPR, SNEX, BGC and PJT were modestly lower (around 0.3–1.5%), pointing to a more stock-specific move than a broad sector rotation.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| May 04 | Senior advisor hire | Positive | -3.0% | Hiring Michael Ure to strengthen Power, Energy & Infrastructure advisory. |
| May 01 | Q1 2026 earnings | Positive | -7.0% | Reported higher net revenue, earnings and AUM with asset management strength. |
| Apr 30 | Dividend declaration | Positive | -7.0% | Declared quarterly dividend of $0.50 per share for shareholders of record. |
| Apr 30 | Campbell Lutyens deal | Positive | +2.1% | Agreed to acquire Campbell Lutyens, creating Lazard CL private capital unit. |
| Apr 22 | Fund distribution | Neutral | -0.8% | Global Total Return and Income Fund declared and detailed monthly distribution. |
Recent news with broadly positive tone (earnings strength, dividend, strategic hire and acquisition) often saw negative price reactions, with only the Campbell Lutyens deal aligning positively.
Over the past few weeks, Lazard has announced several notable developments. On Apr 22, a fund distribution update had little price impact. On Apr 30, the Campbell Lutyens acquisition and a $0.50 quarterly dividend were followed by mixed trading. Early May brought strong Q1 2026 results and later a senior advisor hire, yet shares moved lower after both. Against this backdrop, today’s AUM update to $275.4 billion follows a pattern where constructive fundamentals have not consistently translated into positive price action.
Market Pulse Summary
This announcement highlights Lazard’s preliminary AUM of $275.4 billion at April 30, 2026, driven by $13.2 billion in market appreciation, $2.9 billion in FX gains and modest net inflows. It follows recent updates on earnings, dividends and the Campbell Lutyens acquisition, which together emphasize an expanding asset base and strategic ambitions. Key factors to watch include future monthly AUM trends, the mix across equity, fixed income and alternatives, and how these assets translate into sustained fee revenue.
Key Terms
assets under management financial
aum financial
fx financial
AI-generated analysis. Not financial advice.
LAZARD, INC. | |||
ASSETS UNDER MANAGEMENT ("AUM") | |||
(unaudited) | |||
($ in millions) | |||
As of: | |||
April 30, | March 31, | ||
20261 | 2026 | ||
Equity | |||
Fixed Income | 35,587 | 34,423 | |
Multi Asset | 24,245 | 23,113 | |
Alternatives | 9,342 | 8,602 | |
Total AUM | |||
(1) Preliminary – subject to adjustment
About Lazard
Founded in 1848, Lazard is the preeminent financial advisory and asset management firm, with operations in
Cautionary Note Regarding Forward-Looking Statements:
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the
These factors include, but are not limited to, those discussed in our Annual Report on Form 10-K under Item 1A "Risk Factors," and also discussed from time to time in our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, including the following:
- Adverse general economic conditions or adverse conditions in global or regional financial markets;
- Changes in international trade policies and practices including the implementation of tariffs, proposed further tariffs, and responses from other jurisdictions, and the economic impacts, volatility and uncertainty resulting therefrom;
- A decline in our revenues, for example due to a decline in overall mergers and acquisitions (M&A) activity, our share of the M&A market or our assets under management (AUM);
- Losses caused by financial or other problems experienced by third parties;
- Losses due to unidentified or unanticipated risks;
- A lack of liquidity, i.e., ready access to funds, for use in our businesses;
- Competitive pressure on our businesses and on our ability to retain and attract employees at current compensation levels and;
- Changes in relevant tax laws, regulations or treaties or an adverse interpretation of those items.
These risks and uncertainties are not exhaustive. Our SEC reports describe additional factors that could adversely affect our business and financial performance. Moreover, we operate in a very competitive and rapidly changing environment. New risks and uncertainties emerge from time to time, and it is not possible for our management to predict all risks and uncertainties, nor can management assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.
As a result, there can be no assurance that the forward-looking statements included in this release will prove to be accurate or correct. Although we believe the statements reflected in the forward-looking statements are reasonable, we cannot guarantee future results, level of activity, performance, achievements or events. Moreover, neither we nor any other person assumes responsibility for the accuracy or completeness of any of these forward-looking statements. You should not rely upon forward-looking statements as predictions of future events. We are under no duty to update any of these forward-looking statements after the date of this release to conform our prior statements to actual results or revised expectations and we do not intend to do so.
Lazard, Inc. is committed to providing timely and accurate information to the investing public, consistent with our legal and regulatory obligations. To that end, Lazard and its operating companies use their websites, and other social media sites to convey information about their businesses, including the anticipated release of quarterly financial results, quarterly financial, statistical and business-related information, and the posting of updates of assets under management in various mutual funds, hedge funds and other investment products managed by Lazard Asset Management LLC and Lazard Frères Gestion SAS. Investors can link to Lazard and its operating company websites through www.lazard.com.
Investor Contact:
Alexandra Deignan +1 212 632 6886
alexandra.deignan@lazard.com
Media Contacts:
Zoe Butt +44 20 7448 2802
zoe.butt@lazard.com
Aziz Nayani +1 212 632 6042
aziz.nayani@lazard.com
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SOURCE Lazard