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Lazard's April AUM Rises 6.2% on Market Appreciation & Net Inflows
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Key Takeaways
LAZ reported a preliminary AUM of $275.4B as of April 30, 2026, up 6.2% sequentially.
LAZ's AUM growth is driven by market appreciation $13.2B, FX $2.9B and net inflows $0.1B.
LAZ's equity assets rose 6.8% to $206.2 billion, and fixed income increased 3.4% to $35.6 billion.
Lazard, Inc. (LAZ - Free Report) reported a preliminary assets under management (AUM) balance of $275.4 billion as of April 30, 2026, reflecting an increase of 6.2% from March 31, 2026.
The AUM growth was primarily driven by market appreciation of $13.2 billion, foreign exchange appreciation of $2.9 billion and net inflows of $0.1 billion.
LAZ's April AUM Breakdown
In April, Lazard’s equity assets increased 6.8% from the prior month’s level to $206.2 billion. Further, fixed-income assets rose 3.4% sequentially to $35.6 billion, while multi-assets increased 4.8% on a sequential basis to $24.2 billion.
Meanwhile, alternative assets increased 8.6% sequentially to $9.3 billion.
Our Take on Lazard
Lazard’s diversified asset classes and improving market conditions supported AUM growth in April. However, the company’s heavy dependence on financial advisory revenues could continue to pressure top-line growth. Nonetheless, ongoing cost-control initiatives are expected to support profitability in the near term.
LAZ’s Price Performance & Zacks Rank
Over the past six months, shares of Lazard have lost 6.9% compared with the industry’s decline of 10.8%.
Image Source: Zacks Investment Research
The company currently carries a Zacks Rank #5 (Strong Sell).
Franklin Resources, Inc. (BEN - Free Report) reported a preliminary AUM of $1.74 trillion as of April 30, 2026, which increased 3.6% from the prior month.
The increase in preliminary AUM reflected the positive impact of markets and long-term net inflows of $4 billion, inclusive of $1 billion of long-term net outflows at Western Asset Management. Excluding Western Asset Management, BEN’s preliminary long-term net inflows were $5 billion.
T. Rowe Price Group, Inc. (TROW - Free Report) announced its preliminary assets under management of $1.83 trillion for April 2026. The figure reflected an increase of 6.7% from the prior month. The company experienced net outflows of $10.6 billion in April 2026, primarily driven by a few large redemptions.
At the end of April, TROW’s equity products totaled $882 billion, an increase of 8.9% from the previous month. Fixed income (including money market) grew 1.4% to $218 billion. Furthermore, multi-asset products totaled $665 billion, an increase of 6.4% from the previous month.
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Lazard's April AUM Rises 6.2% on Market Appreciation & Net Inflows
Key Takeaways
Lazard, Inc. (LAZ - Free Report) reported a preliminary assets under management (AUM) balance of $275.4 billion as of April 30, 2026, reflecting an increase of 6.2% from March 31, 2026.
The AUM growth was primarily driven by market appreciation of $13.2 billion, foreign exchange appreciation of $2.9 billion and net inflows of $0.1 billion.
LAZ's April AUM Breakdown
In April, Lazard’s equity assets increased 6.8% from the prior month’s level to $206.2 billion. Further, fixed-income assets rose 3.4% sequentially to $35.6 billion, while multi-assets increased 4.8% on a sequential basis to $24.2 billion.
Meanwhile, alternative assets increased 8.6% sequentially to $9.3 billion.
Our Take on Lazard
Lazard’s diversified asset classes and improving market conditions supported AUM growth in April. However, the company’s heavy dependence on financial advisory revenues could continue to pressure top-line growth. Nonetheless, ongoing cost-control initiatives are expected to support profitability in the near term.
LAZ’s Price Performance & Zacks Rank
Over the past six months, shares of Lazard have lost 6.9% compared with the industry’s decline of 10.8%.
The company currently carries a Zacks Rank #5 (Strong Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Performance of Other Asset Managers
Franklin Resources, Inc. (BEN - Free Report) reported a preliminary AUM of $1.74 trillion as of April 30, 2026, which increased 3.6% from the prior month.
The increase in preliminary AUM reflected the positive impact of markets and long-term net inflows of $4 billion, inclusive of $1 billion of long-term net outflows at Western Asset Management. Excluding Western Asset Management, BEN’s preliminary long-term net inflows were $5 billion.
T. Rowe Price Group, Inc. (TROW - Free Report) announced its preliminary assets under management of $1.83 trillion for April 2026. The figure reflected an increase of 6.7% from the prior month. The company experienced net outflows of $10.6 billion in April 2026, primarily driven by a few large redemptions.
At the end of April, TROW’s equity products totaled $882 billion, an increase of 8.9% from the previous month. Fixed income (including money market) grew 1.4% to $218 billion. Furthermore, multi-asset products totaled $665 billion, an increase of 6.4% from the previous month.