Legg Mason Reports Assets Under Management and Flows for June 2018

Legg Mason Reports Assets Under Management and Flows for June 2018

PR Newswire

BALTIMORE, July 12, 2018

BALTIMORE, July 12, 2018 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $744.6 billion as of June 30, 2018. This month's AUM included net long-term outflows of $0.9 billion, driven by net outflows in equity of $1.4 billion, partially offset by net inflows in fixed income of $0.5 billion. Alternative flows were breakeven. Fixed income inflows included a $1.0 billion low-fee subscription. Alternative AUM reflects $0.1 billion of realizations. Liquidity net outflows were $0.2 billion and this month's AUM included a negative foreign exchange impact of $2.0 billion.

(PRNewsfoto/Legg Mason, Inc.)

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

Assets Under Management


				Preliminary
By asset class:				June 2018		March 2018		December 2017		September 2017		June 2017
	Equity			$ 206.4		$ 203.0		$ 207.6		$ 201.2		$ 196.2
	Fixed Income			412.3		422.3		420.1		411.9		403.6
	Alternatives			66.4		66.1		66.3		65.8		66.5
		Long-Term Assets		$ 685.1		$ 691.4		$ 694.0		$ 678.9		$ 666.3
	Liquidity			59.5		62.7		73.2		75.5		74.9
		Total		$ 744.6		$ 754.1		$ 767.2		$ 754.4		$ 741.2

About Legg Mason
Guided by a mission of Investing to Improve Lives,^TM 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 $745 billion as of June 30, 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.

Copyright CNW Group 2018

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