LEGG MASON, INC. BALTIMORE, Md., March 10, 2017 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of approximately $722.9 billion as of February 28, 2017. This month's AUM included long-term inflows of $3.8 billion, driven by net inflows in fixed income of $3.3 billion and equities of $0.7 billion, partially offset by alternatives([1]) outflows of $0.2 billion. Liquidity outflows were $1.3 billion and this month's foreign exchange impact was immaterial.
LEGG MASON, INC. AND SUBSIDIARIES
(Amounts in billions)
(Unaudited)
Assets Under Management
Preliminary
By asset class: February 2017 January 2017 December 2016 September 2016 June 2016 March 2016
------------- ------------ ------------- -------------- --------- ----------
Equity $175.8 $172.4 $169.0 $168.4 $161.1 $162.3
Fixed Income 391.9 385.1 381.1 396.9 387.2 372.3
Alternatives 71.1 71.0 71.5 72.0 72.6 22.7
Long-Term Assets $638.8 $628.5 $621.6 $637.3 $620.9 $557.3
Liquidity 84.1 85.3 88.8 95.6 121.0 112.3
Total $722.9 $713.8 $710.4 $732.9 $741.9 $669.6
------ ------ ------ ------ ------ ------
About Legg Mason
Legg Mason is a global asset management firm with $723 billion in assets under management as of February 28, 2017. 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).
([1]) Alternative assets include all AUM managed by Clarion Partners, EnTrustPermal, RARE Infrastructure and Glouston Capital (formerly Permal Capital Management).
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/legg-mason-reports-assets-under-management-and-flows-for-february-2017-300421749.html
SOURCE Legg Mason, Inc.
