Legg Mason Reports Assets Under Management and Flows For February 2016

Loading...
Loading...

BALTIMORE, March 10, 2016 /PRNewswire/ -- Legg Mason, Inc. 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 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.

Loading...
Loading...
Posted In: Press ReleasesAsset Management & Custody BanksFinancials
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...