Lazard Reports $284 Billion AUM for September 2026
Lazard's preliminary assets under management reached $284.0 billion at month-end, dragged by market and currency headwinds.
Lazard, Inc. disclosed Tuesday that its preliminary assets under management totaled approximately $284.0 billion as of September 30, 2026, reflecting pressure from both equity market declines and foreign exchange movements during the month.
The New York-based investment and financial advisory firm reported market depreciation of $3.2 billion and foreign exchange depreciation of $2.1 billion for the period, underscoring how global macro forces continued to weigh on managed asset values heading into the fourth quarter.
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The dual drag from markets and currency movements is a recurring challenge for firms like Lazard that manage internationally diversified portfolios. A stronger U.S. dollar tends to reduce the reported dollar value of assets held in foreign currencies, compounding losses when equity markets also retreat simultaneously.
Lazard, listed on the New York Stock Exchange under the ticker LAZ, is among the firms that report monthly AUM figures on a preliminary basis, offering investors an early read on asset trends ahead of formal quarterly disclosures. The September data sets the baseline for fourth-quarter performance tracking.
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