Lazard Reports October 2026 Assets Under Management
October net inflows of $1.7 billion accompanied market depreciation of $1.9 billion and foreign-exchange depreciation of $1.4 billion.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Lazard (NYSE: LAZ) reported preliminary assets under management of approximately $282.4 billion as of October 31, 2026.
The unaudited total was $282,351 million, compared with $284,029 million on September 30. October included market depreciation of $1.9 billion, foreign-exchange depreciation of $1.4 billion and net inflows of $1.7 billion. Equity assets fell to $214,252 million from $215,328 million, while fixed income fell to $33,056 million from $33,751 million. Multi-asset holdings rose to $24,062 million from $24,052 million, and alternatives rose to $10,981 million from $10,898 million. October figures are preliminary and subject to adjustment.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Positive
- Minor pointOctober net inflows totaled $1.7 billion.
- Minor pointMulti-asset AUM rose to $24,062 million on October 31 from $24,052 million on September 30.
- Minor pointAlternatives AUM rose to $10,981 million on October 31 from $10,898 million on September 30.
Negative
- Moderate pointTotal AUM fell to $282,351 million on October 31 from $284,029 million on September 30.
- Minor pointOctober market depreciation totaled $1.9 billion.
- Minor pointOctober foreign-exchange depreciation totaled $1.4 billion.
- Minor pointEquity AUM fell to $214,252 million on October 31 from $215,328 million on September 30.
- Minor pointFixed-income AUM fell to $33,056 million on October 31 from $33,751 million on September 30.
- Minor pointOctober AUM figures are preliminary and subject to adjustment.
Key Figures
- Preliminary AUM
- $282,351 million
- As of October 31, 2026; unaudited and subject to adjustment
- Market depreciation
- $1.9 billion
- October 2026 AUM component
- FX depreciation
- $1.4 billion
- October 2026 AUM component
- Net inflows
- $1.7 billion
- October 2026 AUM component
Key Terms
assets under management financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
LAZARD, INC.
ASSETS UNDER MANAGEMENT ("AUM")
(unaudited)
($ in millions)
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As of: |
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October 31, |
September 30, |
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20261 |
2026 |
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Equity |
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Fixed Income |
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33,056 |
33,751 |
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Multi Asset |
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24,062 |
24,052 |
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Alternatives |
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10,981 |
10,898 |
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Total AUM |
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(1) Preliminary – subject to adjustment
About Lazard
Founded in 1848, Lazard is the preeminent financial advisory, private capital advisory, and asset management firm, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides advice on mergers and acquisitions, capital markets and capital solutions, restructuring and liability management, geopolitics, and other strategic matters. Lazard also advises private markets sponsors and investors on primary fundraising, secondary transactions, and GP capital solutions, and provides asset management and investment solutions to institutions, corporations, governments, partnerships, family offices, and high net worth individuals. Lazard is listed on the New York Stock Exchange as Lazard, Inc. under the ticker LAZ. For more information, please visit Lazard.com and follow Lazard on LinkedIn.
Cautionary Note Regarding Forward-Looking Statements:
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements can be identified by the use of forward-looking terminology such as "may," "might," "will," "should," "could," "would," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential," "target," "goal," "pipeline," or "continue," and the negative of these terms and other comparable terminology. These forward-looking statements, which are subject to known and unknown risks, uncertainties and assumptions about us, may include projections of our future financial performance based on our growth strategies, business plans and initiatives and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements.
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:
William Murdock +1 212-632-1564
william.murdock@lazard.com
Media Contacts:
Aziz Nayani +1 212 632 6042
aziz.nayani@lazard.com
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SOURCE Lazard
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What were Lazard's assets under management at October 31, 2026?
Lazard's preliminary assets under management totaled approximately $282.4 billion as of October 31, 2026. The unaudited table reported $282,351 million, compared with $284,029 million at September 30, 2026.