Legg Mason Reports Assets Under Management and Flows for October 2019

Legg Mason Reports Assets Under Management and Flows for October 2019

PR Newswire

BALTIMORE, Nov. 12, 2019

BALTIMORE, Nov. 12, 2019 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management (AUM) of $791.0 billion as of Oct 31, 2019. This month's AUM included long-term net inflows of $2.0 billion, driven by fixed income net inflows of $1.8 billion and alternative net inflows of $0.3 billion, partially offset by equity net outflows of $0.1 billion. Alternative AUM reflects $0.2 billion of realizations. AUM also included liquidity net outflows of $1.4 billion and positive foreign exchange of $2.1 billion.

(PRNewsfoto/Legg Mason, Inc.)


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



Assets Under Management


				Preliminary
By asset class:				October 2019		September 2019		June 2019		March 2019		December 2018
	Equity			$ 207.1		$ 203.3		$ 205.6		$ 202.0		$ 181.0
	Fixed Income			449.3		442.7		438.0		419.6		406.6
	Alternatives			72.7		72.6		70.1		68.6		66.3
		Long-Term Assets		$ 729.1		$ 718.6		$ 713.7		$ 690.2		$ 653.9
	Liquidity			61.9		63.2		66.5		67.8		73.3
		Total		$ 791.0		$ 781.8		$ 780.2		$ 758.0		$ 727.2

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 $791 billion as of October 31, 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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