News
Mutual Funds Scorecard: January 21 Edition
The U.S. and China signed the so-called Phase One of the trade deal...
News
Franklin Resources and Legg Mason Report August Assets Under Management
Shauna O'Brien Sep 10, 2014
Legg Mason and Franklin Resources reported preliminary assets under management (AUM) for August 2014 on Wednesday. In the reports, both company’s reported higher AUM from July.
Legg Mason Assets Under Management
Legg Mason (LM) reported AUM of $711 billion as of August 31, 2014. Included in the monthly AUM is fixed income inflows of $2.1 billion, equity inflows of $0.2 billion and liquidity inflows of $4.5 billion. AUM for the month also included a negative foreign exchange impact of about $0.6 billion.
| Month | August 2014 | July 2014 | June 2014 |
|---|---|---|---|
| Assets Under Management | $711.2B | $693.3B | $704.3B |
Franklin Resources Assets Under Management
Franklin Resources (BEN) reported AUM of $922.2 billion as of August 31, 2014, up from $907.9 billion in July 2014, and $817.3 billion in August 2013.
| Month | August 2014 | July 2014 | June 2014 |
|---|---|---|---|
| Assets Under Management | $922.2B | $907.9B | $920.5B |
The Bottom Line
For investors concerned with the current assets under management held by the fund management companies, these monthly numbers can be very important.
Since these numbers are directly associated with a company’s growth, many mutual fund investors keep a close eye on AUM.
Sign up for Advisor Access
Receive email updates about best performers, news, CE accredited webcasts and more.
Popular Articles
Portfolio Management
Types of Portfolio Management
Check out this article to learn more about different types of portfolio management....
Practice Management
3 Must Read Pieces for Practice Management: January 13
Let’s face it, the words we use everyday matter! Our content for this...
Download Our Free Report
