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Legg Mason Reports Assets Under Management For December 2012

BALTIMORE, Jan. 11, 2013 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $648 billion as of December 31, 2012.This quarter's fixed income AUM includes a $2.4 billion redemption from a large state pension client.


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

Assets Under Management

		Preliminary
		Dec 2012	Sep 2012	Jun 2012	Mar 2012	Dec 2011
Equity		$ 144.8	$ 153.4	$ 151.1	$ 163.4	$ 153.3
Fixed Income		366.7	369.4	360.6	356.1	352.6
	Long-Term	511.5	522.8	511.7	519.5	505.9
Liquidity		136.4	127.9	120.1	123.8	121.1
	Total	$ 647.9	$ 650.7	$ 631.8	$ 643.3	$ 627.0

About Legg Mason

Legg Mason is a global asset management firm with $648 billion in assets under management as of December 31, 2012. 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.