Lazard Ltd Stock Price, News & Analysis

Lazard (NYSE:LAZ) reported preliminary assets under management (AUM) of $248.4 billion for June 30, 2025. The month saw positive momentum with market appreciation of $5.4 billion, net inflows of $4.6 billion, and FX appreciation of $3.1 billion.

The company's portfolio composition includes $192.3 billion in Equity, $47.1 billion in Fixed Income, and $9.1 billion in Other assets. The preliminary average AUM for Q2 2025 stood at $238.6 billion.

Lazard (NYSE:LAZ) has scheduled the announcement of its second quarter and first half 2025 financial results for Thursday, July 24, 2025. The company will release its financial results via press release in the morning and host a conference call at 8:00 a.m. ET the same day.

The conference call will be accessible through a live audio webcast on Lazard's website investor relations section, or by phone using the conference ID: LAZQ225. A replay will be available from 10:00 a.m. ET through the company's website and dedicated phone numbers.

Lazard (NYSE: LAZ) has announced key leadership appointments to strengthen its Financial Sponsors Group. Klaus H. Hessberger joins as Managing Director, Global Co-Head, and Head of Europe for the Financial Sponsors Group, based in London. Additionally, Adam Cady has been named Global Co-Head of the Global Financial Sponsors Group.

Hessberger brings over 25 years of experience from J.P. Morgan, where he most recently served as Vice Chair of the Global Financial Sponsors and Strategic Investors Coverage Group. Cady, who joined Lazard's New York office in February 2024, has nearly three decades of experience in investment banking and previously held senior positions at Bank of America.

These appointments align with Lazard's strategy to expand its connectivity with alternative asset managers, which the company identifies as a principal focus area and major source of future growth globally.

Lazard Global Total Return and Income Fund (NYSE:LGI) has declared a monthly distribution of $0.14646 per share, payable on July 22, 2025, to shareholders of record on July 10, 2025. The distribution breakdown includes 43% from net income, 3% from short-term capital gains, and 54% from return of capital.

The Fund has posted a 5-year average annual total return of 10.39% and maintains a current distribution rate of 10.09% of NAV. The Fund's portfolio consists of 60-80 US and non-US equity securities, with investments in emerging markets currencies and debt obligations. As of May 31, 2025, Lazard Asset Management managed $235.3 billion in client assets.

Lazard (NYSE: LAZ) has released its 18th annual Levelized Cost of Energy+ (LCOE+) report, revealing key trends in energy generation costs. The report confirms that utility-scale solar and onshore wind remain the most cost-effective forms of new-build energy generation without subsidies for the past decade. Gas-fired generation has reached a 10-year high LCOE due to turbine shortages and rising costs. Battery energy storage systems have seen significant cost declines, returning to 2020 levels due to market dynamics and technological advances. The report also notes that increasing renewable penetration is driving more sophisticated capacity accreditation methodologies, impacting firming costs. Renewables now account for over 20% of U.S. electricity system, though challenges persist in infrastructure, regulation, and increasing power demand.

Lazard (NYSE: LAZ) reported preliminary assets under management (AUM) of $235.3 billion for May 31, 2025. The month saw market appreciation of $7.4 billion and FX appreciation of $0.2 billion, offset by net outflows of $3.7 billion, which included $4.3 billion from a single sub-advised relationship. The AUM breakdown shows Equity at $180.5 billion, Fixed Income at $45.8 billion, and Other assets at $9.0 billion. Compared to April 2025, total AUM increased from $231.4 billion, with growth primarily in Equity and Other assets, while Fixed Income saw a slight decline.

Lazard Asset Management (LAM) has appointed Eric Van Nostrand as Global Head of Markets and Chief Economist in a newly created role reporting to CEO Evan Russo. Van Nostrand will enhance LAM's macro insights and market perspectives across investment teams. He joins from his position as Assistant Secretary of the Treasury for Economic Policy under Janet Yellen, where he served as Chief Economist and received the Alexander Hamilton Award. Previously, he was a Managing Director at BlackRock, managing systematic equity funds and leading research for Multi-Asset Strategies. Van Nostrand, who holds degrees from the University of Pennsylvania and Yale Law School, will lead economic and market analysis while overseeing investment content development as part of LAM's executive leadership team.

Lazard (NYSE: LAZ) has opened its new UK headquarters at 20 Manchester Square, marking a significant expansion from its previous location at 50 Stratton Street. The larger office space will house both Financial Advisory and Asset Management businesses, serving as one of Lazard's three main global offices alongside New York and Paris. The move reinforces Lazard's nearly 150-year presence in London since 1877 and demonstrates its commitment to the UK as a leading financial center. The new headquarters features sustainable design elements including solar panels, rainwater harvesting, and adherence to UK Green Building Council framework for net-zero carbon emissions. Located near the Wallace Collection and Regent's Park, the building emphasizes innovation, collaboration, and environmental responsibility while supporting the firm's continued European growth.

Lazard Global Total Return and Income Fund (NYSE:LGI) has declared a monthly distribution of $0.14646 per share, payable on June 24, 2025. The distribution breakdown includes 13% from net realized short-term capital gains, 71% from net realized long-term capital gains, and 16% return of capital. The Fund's performance metrics show an average annual total return of 7.13% since inception and 10.42% for the 5-year period ending April 30, 2025. The current annualized distribution rate is 10.47% of NAV. The Fund invests in a portfolio of 60-80 US and non-US equity securities, focusing on companies with market caps over $2 billion, including emerging markets exposure. As of April 30, 2025, Lazard Asset Management managed $231.4 billion in client assets.