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Lazard's February AUM Rises 4% on Net Inflows & Market Gains
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Key Takeaways
Lazard's preliminary AUM reached $277.7B as of Feb. 28, up 4% from Jan. 31.
Net inflows of $4.2B and market gains of $8.9B drove the February AUM increase.
Equity assets rose 5.8% to $207.1B, while alternatives fell 14.1% to $8.7B.
Lazard, Inc. (LAZ - Free Report) reported a preliminary asset under management (AUM) balance of $277.7 billion as of Feb. 28, 2026, reflecting an increase of 4% from Jan. 31, 2026.
The AUM was driven by net inflows of $4.2 billion and market appreciation of $8.9 billion, partly offset by foreign exchange depreciation of $0.8 billion and a $1.5 billion reduction from the sale of its stake in the Edgewater Funds management vehicles.
LAZ's February AUM Breakdown
In February, Lazard’s equity assets increased 5.8% from the prior month’s level to $207.1 billion. Further, fixed-income assets rose 1.9% sequentially to $36.5 billion, while multi-assets increased nearly 1% on a sequential basis to $25.5 billion.
However, alternative assets decreased 14.1% sequentially to $8.7 billion.
Our Take on Lazard
The company’s high reliance on financial advisory fees for most of its revenues is likely to affect top-line growth to some extent. Nevertheless, the cost-management efforts are expected to aid the company’s bottom line in the near term.
LAZ’s Price Performance & Zacks Rank
Over the past six months, shares of Lazard have plunged 22.1% compared with the industry’s decline of 28.8%.
Franklin Resources, Inc. (BEN - Free Report) reported its preliminary AUM of $1.74 trillion as of Feb. 28, 2026, which increased 1.7% from the prior month.
The increase in BEN’s AUM balance was due to the positive impact of markets and preliminary long-term net inflows of $10 billion, inclusive of nearly $1 billion of long-term net outflows at Western Asset Management.
An Upcoming Peer Release
T. Rowe Price Group, Inc. (TROW - Free Report) will announce its monthly performance in the upcoming days.
Over the past six months, shares of TROW have plunged 16.2%.
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Lazard's February AUM Rises 4% on Net Inflows & Market Gains
Key Takeaways
Lazard, Inc. (LAZ - Free Report) reported a preliminary asset under management (AUM) balance of $277.7 billion as of Feb. 28, 2026, reflecting an increase of 4% from Jan. 31, 2026.
The AUM was driven by net inflows of $4.2 billion and market appreciation of $8.9 billion, partly offset by foreign exchange depreciation of $0.8 billion and a $1.5 billion reduction from the sale of its stake in the Edgewater Funds management vehicles.
LAZ's February AUM Breakdown
In February, Lazard’s equity assets increased 5.8% from the prior month’s level to $207.1 billion. Further, fixed-income assets rose 1.9% sequentially to $36.5 billion, while multi-assets increased nearly 1% on a sequential basis to $25.5 billion.
However, alternative assets decreased 14.1% sequentially to $8.7 billion.
Our Take on Lazard
The company’s high reliance on financial advisory fees for most of its revenues is likely to affect top-line growth to some extent. Nevertheless, the cost-management efforts are expected to aid the company’s bottom line in the near term.
LAZ’s Price Performance & Zacks Rank
Over the past six months, shares of Lazard have plunged 22.1% compared with the industry’s decline of 28.8%.
The company currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Performance of Other Asset Manager
Franklin Resources, Inc. (BEN - Free Report) reported its preliminary AUM of $1.74 trillion as of Feb. 28, 2026, which increased 1.7% from the prior month.
The increase in BEN’s AUM balance was due to the positive impact of markets and preliminary long-term net inflows of $10 billion, inclusive of nearly $1 billion of long-term net outflows at Western Asset Management.
An Upcoming Peer Release
T. Rowe Price Group, Inc. (TROW - Free Report) will announce its monthly performance in the upcoming days.
Over the past six months, shares of TROW have plunged 16.2%.