Subject: ACC
Legg Mason Reports Assets Under Management and Flows for April 2020
BALTIMORE, May 12, 2020 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management (AUM) of $763.1 billion as of Apr 30, 2020. This month's AUM included long-term net outflows of $1.4 billion, driven by fixed income net outflows of $2.5 billion, partially offset by equity net inflows of $0.9 billion and alternative net inflows of $0.2 billion. AUM also included liquidity net inflows of $2.0 billion and positive foreign exchange of $1.5 billion.
LEGG MASON, INC. AND SUBSIDIARIES | |||||||||||||||
(Amounts in billions) | |||||||||||||||
(Unaudited) | |||||||||||||||
Assets Under Management | |||||||||||||||
Preliminary | |||||||||||||||
By asset class: | April 2020 | March 2020 | December 2019 | September 2019 | June 2019 | ||||||||||
Equity | $ 180.5 | $ 161.2 | $ 214.0 | $ 203.3 | $ 205.6 | ||||||||||
Fixed Income | 431.6 | 420.2 | 451.8 | 442.7 | 438.0 | ||||||||||
Alternatives | 73.5 | 74.3 | 74.3 | 72.6 | 70.1 | ||||||||||
Long-Term Assets | $ 685.6 | $ 655.7 | $ 740.1 | $ 718.6 | $ 713.7 | ||||||||||
Liquidity | 77.5 | 75.1 | 63.4 | 63.2 | 66.5 | ||||||||||
Total | $ 763.1 | $ 730.8 | $ 803.5 | $ 781.8 | $ 780.2 | ||||||||||
About Legg Mason
Guided by a mission of Investing to Improve Livestm, 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 $763.1 billion as of Apr. 30, 2020. To learn more, visit our website, our newsroom, or follow us on LinkedIn, Twitter, or Facebook.
SOURCE Legg Mason, Inc.
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