Legg Mason's [profile] assets under management rose last month through the bond market's woes.

Today the Baltimore-based mutual fund shop revealed that its AUM rose 1.8 percent last month to $656.4 billion on July 31. That's down from March 31, but up from June 30 and from year-end.

Meanwhile, the SP 500 rose 4.9 percent in July. 

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