Legg Mason Reports Preliminary Aum Of $733.0 Bln As Of Oct 31

Legg Mason Inc. (LM) reported Monday that preliminary assets under management was $733.0 billion as of October 31, 2018.

The latest month assets under management or AUM included net long-term inflows of $0.7 billion, driven by net inflows in fixed income of $1.5 billion and alternatives of $0.1 billion, partially offset by net outflows in equities of $0.9 billion.

The company also noted that Liquidity net inflows were $0.1 billion and AUM included a negative foreign exchange impact of $0.4 billion.

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