Lazard Reports 1.8% Sequential Increase in April AUM Balance

Lazard, Inc. (LAZ) reported a preliminary asset under management (AUM) balance of $231.4 billion as of April 30, 2025, reflecting an increase of 1.8% from March 31, 2025, level.The AUM was impacted favorably by foreign exchange appreciation of $5.1 billion, offset by market depreciation of $0.9 billion and net outflows of $0.2 billion.LAZ’s April AUM BreakdownIn April, Lazard’s equity assets increased 1.3% from the prior month’s level to $176.3 billion.Fixed-income assets increased 5.3% sequentially to $46. ...