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.
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SOURCE Legg Mason, Inc.
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