Legg Mason Reports Assets Under Management and Flows For July 2016

Legg Mason Reports Assets Under Management and Flows For July 2016

PR Newswire

BALTIMORE, Aug. 10, 2016

BALTIMORE, Aug. 10, 2016 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of approximately $756.6 billion as of July 31, 2016.  This month's AUM included long-term outflows of $0.5 billion, driven by alternative1 of $1.1 billion and equity of $0.8 billion, largely offset by fixed income inflows of $1.4 billion.  Liquidity inflows were $2 billion and this month's AUM included a positive foreign exchange impact of $0.8 billion.

 

LEGG MASON, INC. AND SUBSIDIARIES

(Amounts in billions)

(Unaudited)
























Assets Under Management




























Preliminary 







By asset class:

July 2016

June 2016

March 2016

December 2015

September 2015

Equity

$          167.6

$          161.1

$          162.3

$           167.3

$            164.8

Fixed Income

394.1

387.2

372.3

364.8

363.1

Alternative

71.9

72.6

22.7

24.1

18.1

Long-Term Assets

$          633.6

$          620.9

$          557.3

$           556.2

$            546.0

Liquidity

123.0

121.0

112.3

115.3

126.1

Total

$          756.6

$          741.9

$          669.6

$           671.5

$            672.1

About Legg Mason

Legg Mason is a global asset management firm with $757 billion in assets under management as of July 31, 2016. 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).

1 Alternative assets include all AUM managed by Clarion Partners, EnTrustPermal, RARE Infrastructure and Permal Capital Management

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/legg-mason-reports-assets-under-management-and-flows-for-july-2016-300311565.html

SOURCE Legg Mason, Inc.

Copyright CNW Group 2016