BALTIMORE, July 13, 2020 /PRNewswire/ -- Legg Mason,
Inc. (NYSE: LM) reported preliminary assets under management (AUM)
of $783.4 billion as of June 30, 2020. This month's AUM included
long-term net outflows of $3.6
billion, driven by equity and fixed income net outflows of
$2.5 billion and $1.3 billion, respectively, partially offset by
alternative net inflows of $0.2
billion. Realizations were $0.2
billion. AUM also included liquidity net outflows of
$4.0 billion and positive foreign
exchange of $1.2 billion.
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LEGG MASON, INC.
AND SUBSIDIARIES
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(Amounts in
billions)
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(Unaudited)
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Assets Under
Management
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Preliminary
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By asset
class:
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June 2020
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March 2020
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December
2019
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September
2019
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June 2019
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Equity
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$
192.4
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$
161.2
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$
214.0
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$
203.3
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$
205.6
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Fixed
Income
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447.0
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420.2
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451.8
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442.7
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438.0
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Alternatives
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73.7
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74.3
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74.3
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72.6
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70.1
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Long-Term
Assets
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$
713.1
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$
655.7
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$
740.1
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$
718.6
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$
713.7
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Liquidity
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70.3
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75.1
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63.4
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63.2
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66.5
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Total
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$
783.4
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$
730.8
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$
803.5
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$
781.8
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$
780.2
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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 $783 billion as of June 30, 2020. To learn
more, visit our website, our newsroom, or follow us on LinkedIn,
Twitter, or Facebook.
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SOURCE Legg Mason, Inc.