BALTIMORE, March 12, 2018 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of approximately $766.7 billion as of February 28, 2018. This month's AUM included net long-term inflows of $3.4 billion, driven by net inflows in fixed income of $2.8 billion, equity of $0.4 billion and alternative of $0.2 billion. Liquidity outflows were $0.4 billion and this month's AUM included a negative foreign exchange impact of $1.2 billion.
















LEGG MASON, INC. AND SUBSIDIARIES

(Amounts in billions)

(Unaudited)














































Assets Under Management1



































Preliminary 











By asset class:


February 2018


January 2018


December 2017


September 2017


June 2017


March 2017


Equity


$            207.7


$            216.7


$            207.6


$          201.2


$          196.2


$           179.8


Fixed Income


421.6


425.0


420.1


411.9


403.6


394.3


Alternatives


65.9


66.0


66.3


65.8


66.5


67.9



Long-Term Assets


$            695.2


$            707.7


$            694.0


$          678.9


$          666.3


$           642.0


Liquidity


71.5


71.9


73.2


75.5


74.9


86.4



Total


$            766.7


$            779.6


$            767.2


$          754.4


$          741.2


$           728.4
















 

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 $767 billion as of February 28, 2018.  To learn more, visit our web site, our newsroom, or follow us on LinkedIn, Twitter, or Facebook. 

1 Effective April 1, 2017, Assets Under Management includes a transfer of certain assets which were previously included in Assets Under Advisement, principally retail separately managed account programs that operate and have fee rates comparable to programs managed on a fully discretionary basis. Comparable AUA for the quarter ended March 2017 was $16.0 billion.

 

 

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SOURCE Legg Mason, Inc.

Copyright 2018 PR Newswire

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