Legg Mason Reports Assets Under Management and Flows For March 2016

BALTIMORE, April 12, 2016 /PRNewswire/ -- Legg Mason, Inc. LM reported preliminary assets under management of $669.6 billion as of March 31, 2016. This month's AUM included preliminary long-term net outflows of $3.2 billion, consisting of fixed income outflows of $2.0 billion and equity outflows of $1.2 billion. Liquidity outflows were $6.8 billion and this month's AUM included $4.1 billion of positive foreign exchange impact.

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

Assets Under Management


			Preliminary
By asset class:			March 2016	December 2015	September 2015	June 2015	March 2015
	Equity		$ 180.5	$ 186.2	$ 177.6	$ 197.3	$ 199.4
	Fixed Income		376.8	370.0	368.4	372.2	376.1
		Long-Term Assets	557.3	556.2	546.0	569.5	575.5
	Liquidity		112.3	115.3	126.1	129.7	127.2
		Total	$ 669.6	$ 671.5	$ 672.1	$ 699.2	$ 702.7

About Legg Mason
Legg Mason is a global asset management firm with $670 billion in assets under management as of March 31, 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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