Legg Mason Reports Assets Under Management and Flows For November 2016

BALTIMORE, Dec. 12, 2016 /PRNewswire/ -- Legg Mason, Inc. LM reported preliminary assets under management of approximately $707.3 billion as of November 30, 2016. This month's AUM included long-term outflows of $2.8 billion, consisting of net outflows in equities of $1.6 billion, fixed income of $1.1 billion and alternatives1 of $0.1 billion. The fixed income outflows included a $1.2 billion Global Sovereign client redemption. Liquidity outflows were $0.6 billion and this month's AUM included a negative foreign exchange impact of $4.6 billion.

LEGG MASON, INC. AND SUBSIDIARIES

(Amounts in billions)

(Unaudited)























































Assets Under Management
























































Preliminary 














By asset class:


November 2016


October 2016


September 2016


June 2016


March 2016


December 2015





Equity


$          167.8


$          161.7


$          168.4


$          161.1


$           162.3


$            167.3





Fixed Income


379.5


393.6


396.9


387.2


372.3


364.8





Alternatives


70.7


70.9


72.0


72.6


22.7


24.1






Long-Term Assets


$          618.0


$          626.2


$          637.3


$          620.9


$           557.3


$            556.2





Liquidity


89.3


90.1


95.6


121.0


112.3


115.3






Total


$          707.3


$          716.3


$          732.9


$          741.9


$           669.6


$            671.5




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

1 Alternative assets include all AUM managed by Clarion Partners, EnTrustPermal, RARE Infrastructure and Glouston Capital (formerly Permal Capital Management).

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/legg-mason-reports-assets-under-management-and-flows-for-november-2016-300376345.html

SOURCE Legg Mason, Inc.

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