Lazard AUM rises by $9.5B to $284.8B in May on $11.6B gains
LAZ•Lazard’s preliminary assets under management reached $284.8 billion as of May 31, 2026, growing $9.5 billion from April driven by $11.6 billion market appreciation partly offset by $1.4 billion net outflows and $0.7 billion FX depreciation. Equities comprised $214.9 billion and fixed income $35.8 billion of that total.
1. Preliminary AUM Total
Lazard’s preliminary assets under management reached $284.8 billion as of May 31, 2026, compared with $275.4 billion at April 30, representing a $9.5 billion month-over-month increase.
2. Breakdown by Asset Class
Equity AUM stood at $214.9 billion, fixed income at $35.8 billion, multi-asset at $24.7 billion and alternatives at $9.5 billion as of May 31.
3. Factors Driving Change
May AUM growth was driven by $11.6 billion of market appreciation, offset partially by $1.4 billion of net client outflows and $0.7 billion of foreign exchange depreciation.
