Legg Mason Reports Assets Under Management For September 2013
BALTIMORE, Oct. 10, 2013 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $656 billion as of September 30, 2013.
September total AUM increased from August primarily due to favorable markets, while long-term flows were roughly break-even with fixed income inflows offset by equity outflows. Foreign exchange increased AUM by approximately $3 billion for the month.
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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Sep 2013 |
Jun 2013 |
Mar 2013 |
Dec 2012 |
Sep 2012 |
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Equity |
$ 169.5 |
$ 164.4 |
$ 161.8 |
$ 145.5 |
$ 153.4 |
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Fixed Income |
355.0 |
351.0 |
365.1 |
367.0 |
369.4 |
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Long-Term |
524.5 |
515.4 |
526.9 |
512.5 |
522.8 |
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Liquidity |
131.5 |
129.1 |
137.7 |
136.4 |
127.9 |
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Total |
$ 656.0 |
$ 644.5 |
$ 664.6 |
$ 648.9 |
$ 650.7 |
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About Legg Mason
Legg Mason is a global asset management firm with $656 billion in assets under management as of September 30, 2013. 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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