LAZ Earnings

Lazard Reports July 2025 Assets Under Management

Published August 12, 2025 at 10:45 AM

NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of July 31, 2025 totaled approximately $253.7 billion. The month’s AUM included net inflows of $4.5 billion, market appreciation of $3.9 billion, and FX depreciation of $3.2 billion. LAZARD, INC. ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions) As of: July 31, June 30, 20251 2025 Equity $198,773 192,250 Fixed Income 45,980

Related Questions

How will the reported $253.7 billion AUM figure affect Lazard’s stock price in the short‑term? What does the $4.5 billion net inflow in July indicate about client acquisition trends? How does Lazard’s AUM growth rate compare to peers such as BlackRock, Goldman Sachs, and Morgan Stanley? Is the $3.2 billion FX depreciation a one‑time effect or indicative of ongoing currency risk? What portion of the AUM increase is attributable to market appreciation versus new capital? How does the asset mix (≈78% equity, 22% fixed income) compare with the firm’s historical allocation? What are the implications of the AUM growth for Lazard’s fee‑based revenue and profitability? Will the strong inflows support higher advisory or investment‑banking deal flow? How might the AUM figures influence Lazard’s dividend policy or share‑buyback plans? Are there any regulatory or reporting risks associated with the unaudited AUM figures? What impact could the AUM numbers have on Lazard’s credit ratings or borrowing capacity? How might the AUM performance affect the firm’s long‑term strategic positioning in the wealth‑management market?