Legg Mason Reports Assets Under Management and Flows for May 2020

BALTIMORE, Md., June 9, 2020 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management (AUM) of $780.2 billion as of May 31, 2020. This month's AUM included long-term net inflows of $0.4 billion, driven by fixed income and alternative net inflows of $0.7 billion and $0.1 billion, respectively, partially offset by equity net outflows of $0.4 billion.  AUM also included liquidity net outflows of $3.2 billion and positive foreign exchange of $0.1 billion.

LEGG MASON, INC. AND SUBSIDIARIES
(Amounts in billions)
(Unaudited)
Assets Under Management
				Preliminary
By asset class:				May 2020		April 2020		March 2020		December 2019		September 2019		June 2019
	Equity			$             191.1		$             180.5		$            161.2		$            214.0		$            203.3		$            205.6
	Fixed Income			441.1		431.6		420.2		451.8		442.7		438.0
	Alternatives			73.8		73.5		74.3		74.3		72.6		70.1
		Long-Term Assets		$             706.0		$             685.6		$            655.7		$            740.1		$            718.6		$            713.7
	Liquidity			74.2		77.5		75.1		63.4		63.2		66.5
		Total		$             780.2		$             763.1		$            730.8		$            803.5		$            781.8		$            780.2

 

About Legg Mason
Guided by a mission of Investing to Improve Lives™,  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 $780 billion as of May 31, 2020. To learn more, visit our website, our newsroom, or follow us on LinkedIn, Twitter, or Facebook.

 

View original content to download multimedia:http://www.prnewswire.com/news-releases/legg-mason-reports-assets-under-management-and-flows-for-may-2020-301073135.html

SOURCE Legg Mason, Inc.

Copyright 2020 PR Newswire