Legg Mason Reports Assets Under Management and Flows For June 2016

Legg Mason Reports Assets Under Management and Flows For June 2016

PR Newswire

BALTIMORE, July 13, 2016

BALTIMORE, July 13, 2016 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $741.9 billion as of June 30, 2016. This month's AUM included long-term inflows of $0.6 billion, driven by fixed income inflows of approximately $2.0 billion. Equity outflows were approximately $0.8 billion and alternative¹ outflows were approximately $0.6 billion. Liquidity inflows were $13.9 billion and this month's AUM included a positive foreign exchange impact of approximately $3 billion.

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

Assets Under Management


				Preliminary
By asset class:				June 2016		March 2016		December 2015		September 2015		June 2015
	Equity			$ 161.1		$ 162.3		$ 167.3		$ 164.8		$ 183.8
	Fixed Income			387.2		372.3		364.8		363.1		366.5
	Alternative			72.6		22.7		24.1		18.1		19.2
		Long-Term Assets		$ 620.9		$ 557.3		$ 556.2		$ 546.0		$ 569.5
	Liquidity			121.0		112.3		115.3		126.1		129.7
		Total		$ 741.9		$ 669.6		$ 671.5		$ 672.1		$ 699.2

About Legg Mason

Legg Mason is a global asset management firm with $742 billion in assets under management as of June 30, 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).

¹Alternative 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-june-2016-300297782.html

SOURCE Legg Mason, Inc.

Copyright CNW Group 2016

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