Lazard Reports February 2026 Assets Under Management
MWN-AI** Summary
Lazard, Inc. (NYSE: LAZ) reported preliminary assets under management (AUM) of approximately $277.7 billion as of February 28, 2026. This figure reflects significant growth, with an increase of $10 billion from the previous month, attributed to $8.9 billion in market appreciation and $4.2 billion in net inflows. However, these gains were partially offset by $0.8 billion due to foreign exchange depreciation and a reduction of $1.5 billion linked to the sale of Lazard's stake in the Edgewater Funds management vehicles.
In detail, the breakdown of AUM as of February 28, 2026, is as follows: equity assets accounted for $207.1 billion, up from $195.8 billion in January; fixed income grew to $36.5 billion; multi-asset investments reached $25.5 billion; while alternatives decreased to $8.7 billion from $10.2 billion.
Founded in 1848, Lazard is a leading financial advisory and asset management firm with a global presence, providing strategic advice and investment management services to various clients, including institutions, corporations, and high-net-worth individuals. The firm emphasizes its commitment to delivering high-quality financial solutions amidst a rapidly evolving market landscape.
Lazard also included cautionary notes regarding forward-looking statements, indicating inherent uncertainties and risks affecting future financial performance. Potential challenges include geopolitical conditions, economic downturns, and competitive pressures, exemplifying the complexities of asset management in today's environment. Investors are encouraged to monitor Lazard's reports for ongoing updates and relevant performance metrics.
MWN-AI** Analysis
As of February 28, 2026, Lazard, Inc. reported preliminary assets under management (AUM) of approximately $277.7 billion, showcasing an impressive month-over-month growth driven by market appreciation and significant net inflows. The firm witnessed a robust $8.9 billion increase in market valuation along with $4.2 billion in net inflows, although these gains were slightly offset by currency fluctuations and the sale of its stake in Edgewater Funds management vehicles.
Analyzing the composition of AUM, equity investments dominate at approximately $207.1 billion, accounting for the majority share, followed by fixed income, multi-asset, and alternative investments. This diversified approach in asset classes aids in weathering volatility in individual markets while appealing to a broader investor base that seeks to balance risk and return.
Given the recent inflows and market trends, investors should sustain a bullish outlook on Lazard’s potential. The firm’s healthy asset growth is indicative of its adept positioning within the competitive landscape of financial advisory and asset management. Increased AUM often translates to enhanced management fees, which could bolster Lazard’s revenue streams moving forward.
However, potential investors must remain cognizant of inherent risks, such as fluctuating economic conditions and the possibility of a downturn in M&A activity, which is vital to Lazard’s advisory business. Additionally, international trade policy changes could adversely affect operational stability.
In conclusion, with strong inflows and strategic asset diversification, Lazard stands as an attractive option for investors looking for exposure in financial services. Nevertheless, monitoring macroeconomic factors and market conditions will be critical for maintaining performance momentum and capitalizing on future opportunities. Diversifying investments and staying attuned to economic indicators would be prudent strategies as the market evolves.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
PR Newswire
NEW YORK, March 10, 2026 /PRNewswire/ -- Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management ("AUM") as of February 28, 2026 totaled approximately $277.7 billion. The month's AUM included market appreciation of $8.9 billion, net inflows of $4.2 billion, FX depreciation of $0.8 billion and a decrease of $1.5 billion related to the sale of our stake in the Edgewater Funds management vehicles.
LAZARD, INC.
ASSETS UNDER MANAGEMENT ("AUM")
(unaudited)
($ in millions)
As of: | |||
February 28, | January 31, | ||
20261 | 2026 | ||
Equity | $207,093 | $195,775 | |
Fixed Income | 36,467 | 35,758 | |
Multi Asset | 25,462 | 25,267 | |
Alternatives | 8,716 | 10,153 | |
Total AUM | $277,738 | $266,953 |
1 Preliminary – subject to adjustment
About Lazard
Founded in 1848, Lazard is the preeminent financial 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, as well as 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:
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
SOURCE Lazard
FAQ**
Here are four questions focused on Lazard's February 2026 Assets Under Management report:
1. How does Lazard LTD. LTD. Class A LAZ's reported AUM of approximately $277.7 billion in February 20compare to prior months in terms of growth and market trends?
2. What factors contributed to the net inflows of $4.2 billion for Lazard LTD. LTD. Class A LAZ during February 2026, and how might these impact future asset management strategies?
3. Can you elaborate on the implications of the $1.5 billion decrease related to the sale of the stake in the Edgewater Funds management vehicles for Lazard LTD. LTD. Class A LAZ?
4. What strategies is Lazard LTD. LTD. Class A LAZ considering to mitigate the risks associated with FX depreciation, which amounted to $0.8 billion in February 2026?
**MWN-AI FAQ is based on asking OpenAI questions about Lazard LTD. LTD. Class A (NYSE: LAZ).
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