Lazard Reports March 2026 Assets Under Management
Rhea-AI Summary
Lazard (NYSE: LAZ) reported preliminary assets under management of approximately $259.2 billion as of March 31, 2026. March AUM movements included $16.1 billion market depreciation, $4.3 billion FX depreciation and $1.8 billion net inflows. Preliminary average AUM for the quarter was $265.5 billion.
The company provided a segment table showing equity AUM at $193.0 billion, fixed income $34.4 billion, multi-asset $23.1 billion and alternatives $8.6 billion as of March 31, 2026.
Positive
- Net inflows of $1.8 billion in March 2026
- Preliminary quarterly average AUM of $265.5 billion
Negative
- Total AUM declined to $259.2 billion as of March 31, 2026 from $277.7 billion at February 28, 2026
- Market depreciation reduced AUM by $16.1 billion in March 2026
- FX depreciation reduced AUM by $4.3 billion in March 2026
News Market Reaction – LAZ
On the day this news was published, LAZ gained 3.34%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Momentum data flags a broader move with 3 Argus-listed peers moving down (median change about -3.6%), while LAZ’s own 24h move was +1.52% prior to this AUM release, indicating its setup differed from those peers.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Mar 23 | Fund distribution | Neutral | -1.8% | Global Total Return and Income Fund declared monthly distribution with detailed source mix. |
| Mar 10 | AUM update | Positive | -0.3% | February 2026 AUM rose to $277.7B with market appreciation and net inflows. |
| Feb 23 | Fund distribution | Neutral | +2.1% | LGI fund confirmed monthly payout and high return-of-capital share of distributions. |
| Feb 18 | Senior hires | Positive | +0.5% | Two senior healthcare managing directors joined to strengthen advisory capabilities. |
| Feb 10 | AUM update | Positive | -0.1% | January 2026 AUM reached $266.95B with market gains and net inflows. |
Recent AUM updates have generally been followed by modest or negative price reactions, even when AUM increased, while corporate actions like hiring and fund distributions show mixed but often modest moves.
Over the past few months, Lazard has reported steady asset management metrics and corporate activity. January and February AUM updates showed totals of $266.95B and $277.7B, driven by market appreciation and net inflows, yet the stock reacted only slightly, with small negative moves. Separate fund distribution announcements for Lazard Global Total Return and Income Fund highlighted high return-of-capital components and robust historical NAV returns. The firm also added senior healthcare bankers in February, which saw a mild positive price response. Today’s March 2026 AUM update follows this pattern of frequent, incremental disclosures.
Market Pulse Summary
This announcement details Lazard’s March 2026 AUM at about $259.2B, with asset levels pressured by $16.1B of market depreciation and $4.3B of FX depreciation, partly offset by $1.8B of net inflows. Preliminary average AUM for the quarter was $265.5B, and the mix spans equity, fixed income, multi-asset, and alternatives. Investors may track how these components evolve versus prior months’ AUM updates and how sustained net inflows balance macro-driven swings.
Key Terms
assets under management financial
aum financial
fx financial
AI-generated analysis. Not financial advice.
LAZARD, INC.
ASSETS UNDER MANAGEMENT ("AUM")
(unaudited)
($ in millions)
As of: | |||
March 31, | February 28, | ||
Equity | |||
Fixed Income | 34,423 | 36,467 | |
Multi Asset | 23,113 | 25,462 | |
Alternatives | 8,602 | 8,716 | |
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