Legg Mason Reports Assets Under Management for September 2010

- Second Quarter Fiscal 2011 Earnings Will Be Announced on Wednesday, October 27th -

Oct 12, 2010, 08:00 ET from Legg Mason, Inc.

BALTIMORE, Oct. 12 /PRNewswire-FirstCall/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $674 billion as of September 30, 2010.  

LEGG MASON, INC. AND SUBSIDIARIES

(Amounts in billions)

(Unaudited)

Assets Under Management

Preliminary

September 2010

June 2010

March 2010

December 2009

September 2009

Equity

$

169.6

$

155.8

$

173.8

$

168.7

$

165.6

Fixed Income

371.6

357.9

364.3

365.8

385.7

 Long-Term

541.2

513.7

538.1

534.5

551.3

Liquidity

132.3

131.7

146.4

147.1

151.4

 Total

$

673.5

$

645.4

$

684.5

$

681.6

$

702.7

A conference call to discuss the company's results will be hosted by Mark R. Fetting, chairman and CEO of Legg Mason, Inc., at 8:30 a.m., E.D.T. on October 27, 2010. This call will be open to the general public.  Interested participants can access the conference call by dialing 1-866-843-0890 (or for international calls 1-412-317-9250) enter elite number 2878175 when prompted.  Please dial in at least 10 minutes prior to the scheduled start to ensure connection.  The call will also be accessible through the firm's website at www.leggmason.com.  For those participants unable to listen to the live broadcast of the conference call, a replay will be available on the Legg Mason Web site under the Investor Relations section or by dialing 1-877-344-7529 (or for international calls 1-412-317-0088), conference number 444905. Please note that the replay will be available beginning at 5:00 p.m. E.D.T. on Wednesday, October 27, 2010 and ending on November 11, 2010.

About Legg Mason

Legg Mason is a global asset management firm with $674 billion in assets under management as of September 30, 2010. 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.



RELATED LINKS

http://www.leggmason.com