BALTIMORE, Sept. 14, 2018 /PRNewswire/ -- Legg Mason,
Inc. (NYSE: LM) reported preliminary assets under management of
$751.8 billion as of August 31, 2018. This month's AUM included net
long-term outflows of $1.4 billion,
driven by net outflows in fixed income of $0.7 billion, equity of $0.6 billion, and alternatives of $0.1 billion. Fixed income flows included a
previously disclosed $1.3 billion
redemption. Liquidity net inflows were $2.9
billion and this month's AUM included a negative foreign
exchange impact of $1.7 billion.
LEGG MASON,
INC. AND SUBSIDIARIES
(Amounts in billions)
Assets Under Management
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Preliminary
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By asset
class:
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August
2018
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July 2018
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June 2018
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March 2018
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December
2017
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September
2017
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Equity
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$
215.7
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$
212.1
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$
206.4
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$
203.0
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$
207.6
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$
201.2
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Fixed
Income
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409.5
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413.1
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412.3
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422.3
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420.1
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411.9
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Alternatives
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65.8
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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
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$
691.0
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$
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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60.8
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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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$
751.8
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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 $752 billion as of August
31, 2018. To learn more, visit our website, our newsroom, or
follow us on LinkedIn, Twitter, or Facebook.
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SOURCE Legg Mason, Inc.