Legg Mason Reports Assets Under Management and Flows For September 2016

10/12/16

Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of approximately $732.9 billion as of September 30, 2016. This month's AUM included long-term outflows of $1.4 billion, consisting of net outflows in fixed income of $0.8 billion, alternatives1 of $0.5 billion and equity of $0.1 billion. Liquidity outflows were $5.8 billion and this month's AUM included a positive foreign exchange impact of $1.1 billion.

LEGG MASON, INC. AND SUBSIDIARIES
(Amounts in billions)
(Unaudited)
Assets Under Management
Preliminary
By asset class: September 2016 June 2016 March 2016 December 2015 September 2015
Equity $ 168.4 $ 161.1 $ 162.3 $ 167.3 $ 164.8
Fixed Income 396.9 387.2 372.3 364.8 363.1
Alternative 72.0 72.6 22.7 24.1 18.1
Long-Term Assets $ 637.3 $ 620.9 $ 557.3 $ 556.2 $ 546.0
Liquidity 95.6 121.0 112.3 115.3 126.1
Total $ 732.9 $ 741.9 $ 669.6 $ 671.5 $ 672.1

About Legg Mason Legg Mason is a global asset management firm with $733 billion in assets under management as of September 30, 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).

Recent Deals

Interested in advertising your deals? Contact Edwin Warfield.

Connect with these Baltimore Professionals on LinkedIn

  • Edwin Warfield

    Editor in Chief, Warfield Digital

    Connect
  • Jean Halle

    Independent Consultant

    Connect
  • Larry Lichtenauer

    President of Lawrence Howard & Associates

    Connect
  • Newt Fowler

    Partner at Womble Carlyle, LLP

    Connect
  • David Crowley

    Owner at Develop DC

    Connect
  • Carolyn Stinson

    Stinson Marketing Group

    Connect