BALTIMORE, Nov. 12, 2013 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $670 billion as of October 31, 2013.
October total AUM increased from September primarily due to favorable markets. In addition, long-term flows were marginally positive due to modest equity inflows which were largely offset by 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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Oct 2013 |
Sep 2013 |
Jun 2013 |
Mar 2013 |
Dec 2012 |
|||||||
Equity |
$ 175.4 |
$ 169.5 |
$ 164.4 |
$ 161.8 |
$ 145.5 |
||||||
Fixed Income |
359.3 |
355.0 |
351.0 |
365.1 |
367.0 |
||||||
Long-Term |
534.7 |
524.5 |
515.4 |
526.9 |
512.5 |
||||||
Liquidity |
135.2 |
131.5 |
129.1 |
137.7 |
136.4 |
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Total |
$ 669.9 |
$ 656.0 |
$ 644.5 |
$ 664.6 |
$ 648.9 |
About Legg Mason
Legg Mason is a global asset management firm with $670 billion in assets under management as of October 31, 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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