Legg Mason Reports Assets Under Management For February 2014
BALTIMORE, March 12, 2014 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $695 billion as of February 28, 2014.
February total AUM increased from January driven by market appreciation and approximately $1.5 billion of positive foreign exchange. In addition, modest long-term inflows were driven by equity inflows which more than offset slight fixed income outflows.
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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Feb 2014 |
Jan 2014 |
Dec 2013 |
Sep 2013 |
Jun 2013 |
Mar 2013 |
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Equity |
$ 185.9 |
$ 177.8 |
$ 182.5 |
$ 169.5 |
$ 164.4 |
$ 161.8 |
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Fixed Income |
364.0 |
358.4 |
355.6 |
355.0 |
351.0 |
365.1 |
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Long-Term |
549.9 |
536.2 |
538.1 |
524.5 |
515.4 |
526.9 |
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Liquidity |
144.9 |
143.7 |
141.4 |
131.5 |
129.1 |
137.7 |
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Total |
$ 694.8 |
$ 679.9 |
$ 679.5 |
$ 656.0 |
$ 644.5 |
$ 664.6 |
About Legg Mason
Legg Mason is a global asset management firm with $695 billion in assets under management as of February 28, 2014. 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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