January 11, 2019 - 8:00 AM EST
Legg Mason Reports Assets Under Management and Flows for December 2018

Legg Mason Reports Assets Under Management and Flows for December 2018

BALTIMORE, Jan. 11, 2019 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $727.2 billion as of Dec. 31, 2018. This month's AUM included net long-term outflows of $6.3 billion, driven by net outflows in fixed income of $4.9 billion and equities of $1.5 billion, partially offset by alternative inflows of $0.1 billion. Liquidity net inflows were $4.4 billion and this month's AUM included a positive foreign exchange impact of $0.3 billion.

LEGG MASON, INC. AND SUBSIDIARIES

(Amounts in billions)


Assets Under Management













Preliminary





By asset class:

December 2018

September 2018

June 2018

March 2018

December 2017


Equity

$181.0

$214.5

$206.4

$203.0

$207.6


Fixed Income

406.6

411.0

412.3

422.3

420.1


Alternatives

66.3

67.4

66.4

66.1

66.3



Long-Term Assets

$653.9

$692.9

$685.1

$691.4

$694.0


Liquidity

73.3

62.5

59.5

62.7

73.2



Total

$727.2

$755.4

$744.6

$754.1

$767.2

(PRNewsfoto/Legg Mason, Inc.)

 

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 $727 billion as of Dec. 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.


Source: PR Newswire (January 11, 2019 - 8:00 AM EST)