Legg Mason Reports Assets Under Management For September 2013

10 Oct, 2013, 07:55 ET from Legg Mason, Inc.

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

(Amounts in billions)

(Unaudited)

Assets Under Management

Preliminary 

Sep 2013

Jun 2013

Mar 2013

Dec 2012

Sep 2012

Equity

$             169.5

$             164.4

$             161.8

$             145.5

$             153.4

Fixed Income

355.0

351.0

365.1

367.0

369.4

Long-Term

524.5

515.4

526.9

512.5

522.8

Liquidity

131.5

129.1

137.7

136.4

127.9

Total

$             656.0

$             644.5

$             664.6

$             648.9

$             650.7

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.