Legg Mason Reports Assets Under Management and Flows for August 2018

Legg Mason Reports Assets Under Management and Flows for August 2018

PR Newswire

BALTIMORE, Sept. 14, 2018 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $751.8 billion as of August 31, 2018. This month's AUM included net long-term outflows of $1.4 billion, driven by net outflows in fixed income of $0.7 billion, equity of $0.6 billion, and alternatives of $0.1 billion. Fixed income flows included a previously disclosed $1.3 billion redemption. Liquidity net inflows were $2.9 billion and this month's AUM included a negative foreign exchange impact of $1.7 billion.

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

Assets Under Management






















Preliminary 













By asset class:


August 2018


July 2018


June 2018


March 2018


December 2017


September 2017




Equity


$         215.7


$         212.1


$        206.4


$        203.0


$               207.6


$                201.2




Fixed Income


409.5


413.1


412.3


422.3


420.1


411.9




Alternatives


65.8


66.0


66.4


66.1


66.3


65.8





Long-Term Assets


$         691.0


$         691.2


$        685.1


$        691.4


$               694.0


$                678.9




Liquidity


60.8


58.0


59.5


62.7


73.2


75.5





Total


$         751.8


$         749.2


$        744.6


$        754.1


$               767.2


$                754.4



About Legg Mason
Guided by a mission of Investing to Improve Lives,  Legg Mason helps investors globally achieve better financial outcomes by expanding choice across investment strategies, vehicles and investor access through independent investment managers with diverse expertise in equity, fixed income, alternative and liquidity investments.  Legg Mason's assets under management are $752 billion as of August 31, 2018. To learn more, visit our website, our newsroom, or follow us on LinkedIn, Twitter, or Facebook

 

                                                

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SOURCE Legg Mason, Inc.

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