BALTIMORE, March 12, 2014 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $695 billion as of February 28, 2014.

February total AUM increased from January driven by market appreciation and approximately $1.5 billion of positive foreign exchange. In addition, modest long-term inflows were driven by equity inflows which more than offset slight fixed income outflows. 



                                                               LEGG MASON, INC. AND SUBSIDIARIES

                                                                     (Amounts in billions)

                                                                          (Unaudited)


    Assets Under Management


                            Preliminary

                             Feb 2014          Jan 2014                  Dec 2013                Sep 2013        Jun 2013        Mar 2013
                             --------          --------                  --------                --------        --------        --------

    Equity                              $185.9          $177.8                        $182.5              $169.5          $164.4          $161.8

    Fixed
     Income                              364.0           358.4                         355.6               355.0           351.0           365.1
                                         -----           -----                         -----               -----           -----           -----

      Long-Term                          549.9           536.2                         538.1               524.5           515.4           526.9

    Liquidity                            144.9           143.7                         141.4               131.5           129.1           137.7

      Total                             $694.8          $679.9                        $679.5              $656.0          $644.5          $664.6
                                        ======          ======                        ======              ======          ======          ======

About Legg Mason
Legg Mason is a global asset management firm with $695 billion in assets under management as of February 28, 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.