Legg Mason Reports Assets Under Management and Flows for June 2019

Legg Mason Reports Assets Under Management and Flows for June 2019

PR Newswire

BALTIMORE, July 11, 2019

BALTIMORE, July 11, 2019 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management (AUM) of $780.2 billion as of June 30, 2019. This month's AUM included long-term net inflows of $0.5 billion, driven by fixed income inflows of $0.8 billion and alternative inflows of $0.2 billion, partially offset by equity outflows of $0.5 billion. Alternative AUM reflected $0.2 billion of realizations. AUM also included a positive foreign exchange impact of $1.2 billion and liquidity net inflows of $0.1 billion.

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

Assets Under Management
			Preliminary
By asset class:			June 2019	March 2019	December 2018	September 2018	June 2018
	Equity		$205.6	$202.0	$181.0	$214.5	$206.4
	Fixed Income		438.0	419.6	406.6	411.0	412.3
	Alternatives		70.1	68.6	66.3	67.4	66.4
		Long-Term Assets	$713.7	$690.2	$653.9	$692.9	$685.1
	Liquidity		66.5	67.8	73.3	62.5	59.5
		Total	$780.2	$758.0	$727.2	$755.4	$744.6

(PRNewsfoto/Legg Mason, Inc.)

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 $780 billion as of June 30, 2019. 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 2019

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