BALTIMORE, April 10, 2014 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $702 billion as of March 31, 2014. March total AUM increased from February primarily due to liquidity inflows and favorable markets, including approximately $1.0 billion of positive foreign exchange. Modestly negative long-term outflows were driven by fixed income and slight equity 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 |
|||||||||||
Mar 2014 |
Dec 2013 |
Sep 2013 |
Jun 2013 |
Mar 2013 |
|||||||
Equity |
$ 186.4 |
$ 182.5 |
$ 169.5 |
$ 164.4 |
$ 161.8 |
||||||
Fixed Income |
365.2 |
355.6 |
355.0 |
351.0 |
365.1 |
||||||
Long-Term |
551.6 |
538.1 |
524.5 |
515.4 |
526.9 |
||||||
Liquidity |
150.2 |
141.4 |
131.5 |
129.1 |
137.7 |
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Total |
$ 701.8 |
$ 679.5 |
$ 656.0 |
$ 644.5 |
$ 664.6 |
About Legg Mason
Legg Mason is a global asset management firm with $702 billion in assets under management as of March 31, 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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