LM - Legg Mason Reports Assets Under Management and Flows for March 2020
BALTIMORE, April 13, 2020 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management (AUM) of $730.8 billion as of Mar 31, 2020. This month's AUM included long-term net outflows of $13.7 billion, driven by fixed income net outflows of $11.6 billion and equity net outflows of $2.6 billion, partially offset by alternative net inflows of $0.5 billion. Realizations were $0.1 billion. AUM also included liquidity net inflows of $13.0 billion and negative foreign exchange of $3.4 billion.
LEGG MASON, INC. AND SUBSIDIARIES |
(Amounts in billions) |
(Unaudited) |
Assets Under Management |
Preliminary |
By asset class: |
March 2020 |
December 2019 |
September 2019 |
June 2019 |
March 2019 |
Equity |
$ 161.2 |
$ 214.0 |
$ 203.3 |
$ 205.6 |
$ 202.0 |
Fixed Income |
420.2 |
451.8 |
442.7 |
438.0 |
419.6 |
Alternatives |
74.3 |
74.3 |
72.6 |
70.1 |
68.6 |
Long-Term Assets |
$ 655.7 |
$ 740.1 |
$ 718.6 |
$ 713.7 |
$ 690.2 |
Liquidity |
75.1 |
63.4 |
63.2 |
66.5 |
67.8 |
Total |
$ 730.8 |
$ 803.5 |
$ 781.8 |
$ 780.2 |
$ 758.0 |
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 $731 billion as of Mar. 31, 2020. To learn more, visit our website, our newsroom, or follow us on LinkedIn, Twitter, or Facebook.
SOURCE Legg Mason, Inc.