Lazard January AUM Jumps 5% to $267 Billion on $2.9B Net Inflows
Preliminary AUM at Lazard reached $266.953 billion as of January 31, 2026, up from $254.300 billion at year-end. The increase reflected $7.6 billion in market appreciation, $2.9 billion of net inflows and $2.1 billion of FX gains.
1. January 2026 AUM Overview
Lazard's preliminary total assets under management reached $266.953 billion as of January 31, 2026, up from $254.300 billion at December 31, 2025, reflecting the firm's expanded reporting that now includes a multi asset category.
2. Month-Over-Month Drivers
The month’s AUM increase consisted of $7.6 billion of market appreciation, $2.9 billion of net client inflows and $2.1 billion of foreign exchange appreciation.
3. Asset Class Breakdown and Reporting Change
By asset class, equity AUM rose to $195.775 billion from $184.472 billion, fixed income increased to $35.758 billion from $35.065 billion, multi asset stood at $25.267 billion versus $24.783 billion, and alternatives climbed to $10.153 billion from $9.980 billion.