BALTIMORE, May 10, 2017 /PRNewswire/ -- Legg Mason, Inc. LM reported preliminary assets under management of approximately $731 billion as of April 30, 2017. This month's AUM included long-term outflows of $1.5 billion, consisting of net outflows in fixed income of $1.0 billion and equities of $0.6 billion, partially offset by alternatives inflows of $0.1 billion. Liquidity outflows were $0.2 billion and this month's AUM included a negative foreign exchange impact of $0.1 billion.
LEGG MASON, INC. AND SUBSIDIARIES | ||||||||||||
(Amounts in billions) | ||||||||||||
(Unaudited) | ||||||||||||
Assets Under Management |
||||||||||||
Preliminary |
||||||||||||
By asset class: |
April 2017 |
March 2017 |
December 2016 |
September 2016 |
June 2016 | |||||||
Equity |
$ 180.6 |
$ 179.8 |
$ 169.0 |
$ 168.4 |
$ 161.1 | |||||||
Fixed Income |
396.2 |
394.3 |
381.1 |
396.9 |
387.2 | |||||||
Alternatives |
68.0 |
67.9 |
71.5 |
72.0 |
72.6 | |||||||
Long-Term Assets |
$ 644.8 |
$ 642.0 |
$ 621.6 |
$ 637.3 |
$ 620.9 | |||||||
Liquidity |
86.2 |
86.4 |
88.8 |
95.6 |
121.0 | |||||||
Total |
$ 731.0 |
$ 728.4 |
$ 710.4 |
$ 732.9 |
$ 741.9 |
About Legg Mason
Legg Mason is a global asset management firm with $731 billion in assets under management as of April 30, 2017. The Company provides active asset management in many major investment centers throughout the world. Legg Mason is headquartered in Baltimore, Maryland, and its common stock is listed on the New York Stock Exchange LM.
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SOURCE Legg Mason, Inc.
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