Legg Mason Reports Assets Under Management and Flows For February 2017

Legg Mason Reports Assets Under Management and Flows For February 2017

PR Newswire

BALTIMORE, Md., March 10, 2017

BALTIMORE, Md., March 10, 2017 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of approximately $722.9 billion as of February 28, 2017. This month's AUM included long-term inflows of $3.8 billion, driven by net inflows in fixed income of $3.3 billion and equities of $0.7 billion, partially offset by alternatives^[1] outflows of $0.2 billion. Liquidity outflows were $1.3 billion and this month's foreign exchange impact was immaterial.

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



Assets Under Management


				Preliminary
By asset class:				February 2017		January 2017		December 2016		September 2016		June 2016		March 2016
	Equity			$ 175.8		$ 172.4		$ 169.0		$ 168.4		$ 161.1		$ 162.3
	Fixed Income			391.9		385.1		381.1		396.9		387.2		372.3
	Alternatives			71.1		71.0		71.5		72.0		72.6		22.7
		Long-Term Assets		$ 638.8		$ 628.5		$ 621.6		$ 637.3		$ 620.9		$ 557.3
	Liquidity			84.1		85.3		88.8		95.6		121.0		112.3
		Total		$ 722.9		$ 713.8		$ 710.4		$ 732.9		$ 741.9		$ 669.6

About Legg Mason
Legg Mason is a global asset management firm with $723 billion in assets under management as of February 28, 2017. 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).

^[1] Alternative assets include all AUM managed by Clarion Partners, EnTrustPermal, RARE Infrastructure and Glouston Capital (formerly Permal Capital Management).

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-2017-300421749.html

SOURCE Legg Mason, Inc.

Copyright CNW Group 2017

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