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Legg Mason’s September AUM tops $750B 

Baltimore-based global asset management firm Legg Mason Inc. reported preliminary assets under management of approximately $754.4 billion as of Sept. 30. This month's AUM included long-term outflows of $1.3 billion, consisting of net outflows in equity of $1.2 billion and fixed income of $300 million, partially offset by alternative inflows of $200 million. Fixed income outflows included a $3 billion low-fee mandate redemption. Alternative AUM reflects ...

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