LEGG MASON, INC. BALTIMORE, Aug. 10, 2016 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of approximately $756.6 billion as of July 31, 2016. This month's AUM included long-term outflows of $0.5 billion, driven by alternative(1) of $1.1 billion and equity of $0.8 billion, largely offset by fixed income inflows of $1.4 billion. Liquidity inflows were $2 billion and this month's AUM included a positive foreign exchange impact of $0.8 billion.
LEGG MASON, INC. AND SUBSIDIARIES
(Amounts in billions)
(Unaudited)
Assets Under Management
Preliminary
By asset class: July 2016 June 2016 March 2016 December 2015 September 2015
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Equity $167.6 $161.1 $162.3 $167.3 $164.8
Fixed Income 394.1 387.2 372.3 364.8 363.1
Alternative 71.9 72.6 22.7 24.1 18.1
Long-Term Assets $633.6 $620.9 $557.3 $556.2 $546.0
Liquidity 123.0 121.0 112.3 115.3 126.1
Total $756.6 $741.9 $669.6 $671.5 $672.1
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About Legg Mason
Legg Mason is a global asset management firm with $757 billion in assets under management as of July 31, 2016. 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 (symbol: LM).
(1) Alternative assets include all AUM managed by Clarion Partners, EnTrustPermal, RARE Infrastructure and Permal Capital Management
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SOURCE Legg Mason, Inc.
