LM - Legg Mason Reports Assets Under Management and Flows for August 2019
BALTIMORE, Sept. 12, 2019 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management (AUM) of $776.8 billion as of Aug. 31, 2019. This month's AUM included long-term net inflows of $0.8 billion, driven by positive inflows in all three asset classes, including $0.4 billion in fixed income, $0.3 billion in alternatives, and $0.1 billion in equities. AUM also included net liquidity outflows of $4.4 billion and negative foreign exchange impact of $1.4 billion.
LEGG MASON, INC. AND SUBSIDIARIES |
(Amounts in billions) |
(Unaudited) |
Assets Under Management |
Preliminary |
By asset class: |
August 2019 |
July 2019 |
June 2019 |
March 2019 |
December 2018 |
September 2018 |
Equity |
$ 201.0 |
$ 206.8 |
$ 205.6 |
$ 202.0 |
$ 181.0 |
$ 214.5 |
Fixed Income |
444.7 |
438.2 |
438.0 |
419.6 |
406.6 |
411.0 |
Alternatives |
71.7 |
71.7 |
70.1 |
68.6 |
66.3 |
67.4 |
Long-Term Assets |
$ 717.4 |
$ 716.7 |
$ 713.7 |
$ 690.2 |
$ 653.9 |
$ 692.9 |
Liquidity |
59.4 |
63.8 |
66.5 |
67.8 |
73.3 |
62.5 |
Total |
$ 776.8 |
$ 780.5 |
$ 780.2 |
$ 758.0 |
$ 727.2 |
$ 755.4 |
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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 $777 billion as of August 31, 2019. To learn more, visit our website, our newsroom, or follow us on LinkedIn, Twitter, or Facebook.
SOURCE Legg Mason, Inc.