Legg Mason Reports Assets Under Management and Flows For February 2016

Legg Mason Reports Assets Under Management and Flows For February 2016

PR Newswire

BALTIMORE, March 10, 2016

BALTIMORE, March 10, 2016 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $656.7 billion as of February 29, 2016. This month's AUM included preliminary long-term net outflows of $4.1 billion, consisting of equity outflows of $1.7 billion and fixed income outflows of $2.4 billion. Fixed income outflows included $1.6 billion of low fee redemptions. Liquidity inflows were $6.2 billion and this month's AUM included $2.3 billion of positive foreign exchange impact.


LEGG MASON, INC. AND SUBSIDIARIES
(Amounts in billions)
(Unaudited)

Assets Under Management


				Preliminary
By asset class:				February 2016		January 2016		December 2015		September 2015		June 2015		March 2015
	Equity			$ 170.6		$ 172.5		$ 186.2		$ 177.6		$ 197.3		$ 199.4
	Fixed Income			367.4		366.5		370.0		368.4		372.2		376.1
		Long-Term Assets		538.0		539.0		556.2		546.0		569.5		575.5
	Liquidity			118.7		112.5		115.3		126.1		129.7		127.2
		Total		$ 656.7		$ 651.5		$ 671.5		$ 672.1		$ 699.2		$ 702.7

About Legg Mason
Legg Mason is a global asset management firm with $657 billion in assets under management as of February 29, 2016. The Company provides active asset management in many major investment centers throughout the world. Legg Mason is headquartered in Baltimore, Maryland, and its common stock is listed on the New York Stock Exchange (symbol: LM).

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/legg-mason-reports-assets-under-management-and-flows-for-february-2016-300233870.html

SOURCE Legg Mason, Inc.

Copyright CNW Group 2016

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