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Lazard, Inc. has reported preliminary assets under management (AUM) of approximately $259.2 billion as of 31 March 2026, reflecting a decline from $277.7 billion recorded at the end of February 2026.
The month saw market depreciation of $16.1 billion and foreign exchange depreciation of $4.3 billion, partially offset by net inflows of $1.8 billion. Preliminary average AUM for the first quarter ended 31 March 2026 stood at $265.5 billion.
Equity remained the largest asset class, accounting for $193.0 billion of total AUM at the end of March, down from $207.1 billion the previous month. Fixed income assets declined to $34.4 billion from $36.5 billion, while multi-asset strategies fell to $23.1 billion from $25.5 billion. Alternatives were broadly flat, edging down to $8.6 billion from $8.7 billion.
The figures are preliminary and subject to adjustment.
Lazard, Inc. is a financial advisory and asset management firm founded in 1848, with operations spanning North and South America, Europe, the Middle East, Asia, and Australia. The firm 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, Inc. is listed on the New York Stock Exchange under the ticker LAZ.
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