BALTIMORE, Aug. 10, 2018 /PRNewswire/ -- Legg Mason,
Inc. (NYSE: LM) reported preliminary assets under management of
$749.2 billion as of July 31, 2018. This month's AUM included net
long-term outflows of $3.0 billion,
driven by net outflows in fixed income of $1.9 billion, alternatives of $0.6 billion, and equity of $0.5 billion. Alternative AUM reflects
$0.1 billion of realizations.
Liquidity net outflows were $1.6
billion and this month's AUM included a positive foreign
exchange impact of $0.1 billion.
LEGG MASON, INC.
AND SUBSIDIARIES
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(Amounts in
billions)
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Assets Under
Management
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Preliminary
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By asset
class:
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July 2018
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June 2018
|
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March 2018
|
|
December
2017
|
|
September
2017
|
|
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Equity
|
|
$
212.1
|
|
$
206.4
|
|
$
203.0
|
|
$
207.6
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$
201.2
|
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Fixed
Income
|
|
413.1
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|
412.3
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422.3
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|
420.1
|
|
411.9
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Alternatives
|
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66.0
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66.4
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66.1
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66.3
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|
65.8
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Long-Term
Assets
|
|
$
691.2
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$
685.1
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$
691.4
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$
694.0
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$
678.9
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Liquidity
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58.0
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59.5
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62.7
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73.2
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75.5
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Total
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$
749.2
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$
744.6
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$
754.1
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$
767.2
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$
754.4
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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 $749 billion as of July
31, 2018. To learn more, visit our website, our
newsroom, or follow us on LinkedIn, Twitter, or Facebook.
View original
content:http://www.prnewswire.com/news-releases/legg-mason-reports-assets-under-management-and-flows-for-july-2018-300695199.html
SOURCE Legg Mason, Inc.