LM - Legg Mason Reports Assets Under Management and Flows for February 2020
BALTIMORE, March 11, 2020 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management (AUM) of $789.4 billion as of Feb 29, 2020. This month's AUM included long-term net inflows of $1.5 billion, driven by fixed income net inflows of $2.1 billion and alternative net inflows of $0.8 billion, partially offset by equity net outflows of $1.4 billion. Realizations totaled $0.1 billion. AUM also included liquidity net outflows of $1.6 billion and negative foreign exchange of $2.0 billion.
LEGG MASON, INC. AND SUBSIDIARIES |
(Amounts in billions) |
(Unaudited) |
Assets Under Management |
Preliminary |
By asset class: |
February 2020 |
January 2020 |
December 2019 |
September 2019 |
June 2019 |
March 2019 |
Equity |
$ |
191.5 |
$ |
208.8 |
$ |
214.0 |
$ |
203.3 |
$ |
205.6 |
$ |
202.0 |
Fixed Income |
459.8 |
458.0 |
451.8 |
442.7 |
438.0 |
419.6 |
Alternatives |
76.0 |
75.6 |
74.3 |
72.6 |
70.1 |
68.6 |
Long-Term Assets |
$ |
727.3 |
$ |
742.4 |
$ |
740.1 |
$ |
718.6 |
$ |
713.7 |
$ |
690.2 |
Liquidity |
62.1 |
63.6 |
63.4 |
63.2 |
66.5 |
67.8 |
Total |
$ |
789.4 |
$ |
806.0 |
$ |
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 $790 billion as of Feb. 29, 2020. To learn more, visit our website, our newsroom, or follow us on LinkedIn, Twitter, or Facebook.
SOURCE Legg Mason, Inc.