Lazard's February AUM Rises 4% on Net Inflows & Market Gains

Lazard, Inc. LAZ 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%.

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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 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 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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Franklin Resources, Inc. (BEN): Free Stock Analysis Report

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This article originally published on Zacks Investment Research (zacks.com).

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