Legg Mason (LM) AUM Slipped to $737.2B in August 2016

September 13, 2016 8:07 AM EDT

Get the Pulse of the Market with StreetInsider.com's Pulse Picks. Get your Free Trial here.

Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of approximately $737.2 billion as of August 31, 2016. This month's AUM included long-term inflows of $1.5 billion, driven by fixed income inflows of $2.1 billion and breakeven alternative[1] flows, partially offset by equity outflows of $0.6 billion. Liquidity outflows were $21.6 billion and this month's AUM included a negative foreign exchange impact of $0.9 billion.

LEGG MASON, INC. AND SUBSIDIARIES

(Amounts in billions)

(Unaudited)

Assets Under Management

Preliminary

By asset class:

August 2016

June 2016

March 2016

December 2015

September 2015

Equity

$ 167.2

$ 161.1

$ 162.3

$ 167.3

$ 164.8

Fixed Income

396.9

387.2

372.3

364.8

363.1

Alternative

71.6

72.6

22.7

24.1

18.1

Long-Term Assets

$ 635.7

$ 620.9

$ 557.3

$ 556.2

$ 546.0

Liquidity

101.5

121.0

112.3

115.3

126.1

Total

$ 737.2

$ 741.9

$ 669.6

$ 671.5

$ 672.1



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Corporate News

Related Entities

UBS

Add Your Comment