LEGG MASON, INC. BALTIMORE, April 12, 2017 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of approximately $728.4 billion as of March 31, 2017. This month's AUM included long-term inflows of $2.6 billion, driven by net inflows in equities of $3.3 billion and fixed income of $1.1 billion, partially offset by alternatives(1) outflows of $1.8 billion. Liquidity inflows were $2.2 billion and this month's AUM included a positive foreign exchange impact of $0.3 billion. Alternatives AUM was also reduced by $2.3 billion related to the sale of Glouston Capital.
LEGG MASON, INC. AND SUBSIDIARIES
(Amounts in billions)
(Unaudited)
Assets Under Management
Preliminary
By asset class: March 2017 December 2016 September 2016 June 2016 March 2016
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Equity $179.8 $169.0 $168.4 $161.1 $162.3
Fixed Income 394.3 381.1 396.9 387.2 372.3
Alternatives 67.9 71.5 72.0 72.6 22.7
Long-Term Assets $642.0 $621.6 $637.3 $620.9 $557.3
Liquidity 86.4 88.8 95.6 121.0 112.3
Total $728.4 $710.4 $732.9 $741.9 $669.6
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About Legg Mason
Legg Mason is a global asset management firm with $728 billion in assets under management as of March 31, 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 (symbol: LM).
(1) Alternative assets include all AUM managed by Clarion Partners, EnTrustPermal and RARE Infrastructure.
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SOURCE Legg Mason, Inc.
