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Friday, October 11, 2013|
AUM Roundup: Invesco, Legg, AllianceBernstein, Virtus and Franklin
Invesco Ltd. reported an increase in its preliminary month-end assets under management (:AUM) for Sep 2013. The AUM for the month was $745.5 billion, up 3.6% from $719.7 billion at the end of Aug 2013.
Legg Mason, Inc. reported preliminary assets under management of $656 billion as of September 30, 2013. September total AUM increased from August primarily due to favorable markets, while long-term flows were roughly break-even with fixed income inflows offset by equity outflows. Foreign exchange increased AUM by approximately $3 billion for the month.
Virtus reported an AUM of $34.173 billion.
AllianceBernstein announced an AUM of $445 billion.
Franklin Resources, Inc. (Franklin Templeton Investments) reported preliminary month-end assets under management by the company's subsidiaries of $844.7 billion at September 30, 2013, compared to $817.3 billion at August 31, 2013, and $749.9 billion at September 30, 2012.
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