Legg Mason Reports Assets Under Management and Flows For October 2015

BALTIMORE, Nov. 11, 2015 /PRNewswire/ -- Legg Mason, Inc. LM reported preliminary assets under management of $697.0 billion as of October 31, 2015.  This month's AUM included preliminary long-term net inflows of $1.4 billion, consisting of fixed income inflows of $2.0 billion partially offset by equity outflows of $0.6B.  Liquidity inflows were $1.1 billion. This month's AUM included $0.6 billion in negative foreign exchange impact and also included approximately $6.8 billion in AUM related to the RARE Infrastructure acquisition which closed on October 21, 2015.

About Legg Mason
Legg Mason is a global asset management firm with $697 billion in assets under management as of October 31, 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.