Legg Mason Reports Assets Under Management and Flows for October 2018
Nov 12, 2018, 08:00 ET
BALTIMORE, Nov. 12, 2018 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $733.0 billion as of October 31, 2018. This month's AUM included net long-term inflows of $0.7 billion, driven by net inflows in fixed income of $1.5 billion and alternatives of $0.1 billion, partially offset by net outflows in equities of $0.9 billion. Liquidity net inflows were $0.1 billion and this month's AUM included a negative foreign exchange impact of $0.4 billion.
LEGG MASON, INC. AND SUBSIDIARIES |
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(Amounts in billions) |
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(Unaudited) |
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Assets Under Management |
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Preliminary |
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By asset class: |
October 2018 |
September 2018 |
June 2018 |
March 2018 |
December 2017 |
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Equity |
$ 196.9 |
$ 214.5 |
$ 206.4 |
$ 203.0 |
$ 207.6 |
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Fixed Income |
406.1 |
411.0 |
412.3 |
422.3 |
420.1 |
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Alternatives |
67.1 |
67.4 |
66.4 |
66.1 |
66.3 |
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Long-Term Assets |
$ 670.1 |
$ 692.9 |
$ 685.1 |
$ 691.4 |
$ 694.0 |
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Liquidity |
62.9 |
62.5 |
59.5 |
62.7 |
73.2 |
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Total |
$ 733.0 |
$ 755.4 |
$ 744.6 |
$ 754.1 |
$ 767.2 |
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About Legg Mason
Guided by a mission of Investing to Improve Lives,TM 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 $733 billion as of October 31, 2018. To learn more, visit our website, our newsroom, or follow us on LinkedIn, Twitter, or Facebook.
SOURCE Legg Mason, Inc.
