Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of approximately $779.6 billion as of January 31, 2018. This month's AUM included net long-term inflows of $0.6 billion, driven by net inflows in fixed income of $2.1 billion, partially offset by net equity outflows of $1.4 billion and net alternative outflows of $0.1 billion. Fixed income flows included a previously announced $1.0 billion low-fee redemption. Alternative AUM reflects $0.3 billionof realizations1. Liquidity outflows were $1.6 billion and this month's AUM included a positive foreign exchange impact of $4.1 billion.
| LEGG MASON, INC. AND SUBSIDIARIES | |||||||||||||||
| (Amounts in billions) | |||||||||||||||
| (Unaudited) | |||||||||||||||
| Assets Under Management | |||||||||||||||
| Preliminary | |||||||||||||||
| By asset class: | January 2018 | December 2017 | September 2017 | June 2017 | March 2017 | ||||||||||
| Equity | $ 216.7 | $ 207.6 | $ 201.2 | $ 196.2 | $ 179.8 | ||||||||||
| Fixed Income | 425.0 | 420.1 | 411.9 | 403.6 | 394.3 | ||||||||||
| Alternatives | 66.0 | 66.3 | 65.8 | 66.5 | 67.9 | ||||||||||
| Long-Term Assets | $ 707.7 | $ 694.0 | $ 678.9 | $ 666.3 | $ 642.0 | ||||||||||
| Liquidity | 71.9 | 73.2 | 75.5 | 74.9 | 86.4 | ||||||||||
| Total | $ 779.6 | $ 767.2 | $ 754.4 | $ 741.2 | $ 728.4 | ||||||||||
About Legg Mason Guided by a mission of Investing to Improve Lives,TMLegg 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 $780 billion as of January 31, 2018. To learn more, visit our web site, our newsroom, or follow us on LinkedIn, Twitter, or Facebook.
