Legg Mason Reports Assets Under Management and Flows For April 2015

BALTIMORE, May 12, 2015 /PRNewswire/ -- Legg Mason, Inc. LM reported preliminary assets under management of $706.8 billion as of April 30, 2015.  This month's AUM included preliminary long-term inflows of $0.1 billion, driven by fixed income inflows of $1.0 billion, partially offset by equity outflows of $0.9 billion. Liquidity inflows were $0.2 billion.  April AUM included the previously disclosed $1.9 billion fixed income redemption, which was partially offset by $0.5 billion of equity inflows for a funding that had been expected in May. This month's AUM included $3.0 billion in positive foreign exchange impact.      

About Legg Mason

Legg Mason is a global asset management firm with $707 billion in assets under management as of April 30, 2015. 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 LM.

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SOURCE Legg Mason, Inc.