BALTIMORE, April 10, 2019 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management (AUM) of $758.0 billion as of March 31, 2019. This month's AUM included long-term net inflows of approximately $0.9 billion, driven by fixed income inflows of $1.8 billion and alternative inflows of $0.3 billion, which were partially offset by equity outflows of $1.2 billion. Alternative AUM reflects $0.1 billion of realizations. AUM also included liquidity net outflows of $14.1 billion and a negative foreign exchange impact of $0.7 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: |
March 2019 |
December 2018 |
September 2018 |
June 2018 |
March 2018 |
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Equity |
$ 202.0 |
$ 181.0 |
$ 214.5 |
$ 206.4 |
$ 203.0 |
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Fixed Income |
419.6 |
406.6 |
411.0 |
412.3 |
422.3 |
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Alternatives |
68.6 |
66.3 |
67.4 |
66.4 |
66.1 |
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Long-Term Assets |
$ 690.2 |
$ 653.9 |
$ 692.9 |
$ 685.1 |
$ 691.4 |
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Liquidity |
67.8 |
73.3 |
62.5 |
59.5 |
62.7 |
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Total |
$ 758.0 |
$ 727.2 |
$ 755.4 |
$ 744.6 |
$ 754.1 |
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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 $758 billion as of March 31, 2019. To learn more, visit our website, our newsroom, or follow us on LinkedIn, Twitter, or Facebook.
SOURCE Legg Mason, Inc.
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