Legg Mason Reports Assets Under Management and Flows For April 2017

Legg Mason Reports Assets Under Management and Flows For April 2017

PR Newswire

BALTIMORE, May 10, 2017

BALTIMORE, May 10, 2017 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of approximately $731 billion as of April 30, 2017. This month's AUM included long-term outflows of $1.5 billion, consisting of net outflows in fixed income of $1.0 billion and equities of $0.6 billion, partially offset by alternatives inflows of $0.1 billion. Liquidity outflows were $0.2 billion and this month's AUM included a negative foreign exchange impact of $0.1 billion.

LEGG MASON, INC. AND SUBSIDIARIES
(Amounts in billions)
(Unaudited)



Assets Under Management


				Preliminary
By asset class:				April 2017		March 2017		December 2016		September 2016		June 2016
	Equity			$ 180.6		$ 179.8		$ 169.0		$ 168.4		$ 161.1
	Fixed Income			396.2		394.3		381.1		396.9		387.2
	Alternatives			68.0		67.9		71.5		72.0		72.6
		Long-Term Assets		$ 644.8		$ 642.0		$ 621.6		$ 637.3		$ 620.9
	Liquidity			86.2		86.4		88.8		95.6		121.0
		Total		$ 731.0		$ 728.4		$ 710.4		$ 732.9		$ 741.9

About Legg Mason
Legg Mason is a global asset management firm with $731 billion in assets under management as of April 30, 2017. The Company provides active asset management in many major investment centers throughout the world. Legg Mason is headquartered in Baltimore, Maryland, and its common stock is listed on the New York Stock Exchange (symbol: LM).

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/legg-mason-reports-assets-under-management-and-flows-for-april-2017-300454861.html

SOURCE Legg Mason, Inc.

Copyright CNW Group 2017

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