Legg Mason Reports Assets Under Management and Flows For March 2016
BALTIMORE, April 12, 2016 /PRNewswire/ -- Legg Mason, Inc. (NYSE: 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 |
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(Amounts in billions) |
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(Unaudited) |
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Assets Under Management |
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Preliminary |
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By asset class: |
March 2016 |
December 2015 |
September 2015 |
June 2015 |
March 2015 |
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Equity |
$ 180.5 |
$ 186.2 |
$ 177.6 |
$ 197.3 |
$ 199.4 |
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Fixed Income |
376.8 |
370.0 |
368.4 |
372.2 |
376.1 |
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Long-Term Assets |
557.3 |
556.2 |
546.0 |
569.5 |
575.5 |
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Liquidity |
112.3 |
115.3 |
126.1 |
129.7 |
127.2 |
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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 (symbol: LM).
SOURCE Legg Mason, Inc.
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