BALTIMORE, Feb. 9, 2016 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $651.5 billion as of January 31, 2016. This month's AUM included preliminary long-term net outflows of $5.8 billion, consisting of fixed income outflows of $3.8 billion and equity outflows of $2.0 billion. Liquidity outflows were $2.8 billion and this month's AUM included $1.7 billion in negative foreign exchange impact.



                                                             LEGG MASON, INC. AND SUBSIDIARIES

                                                                   (Amounts in billions)

                                                                        (Unaudited)


    Assets Under Management



                                         Preliminary

    By asset class:                   January 2016          December 2015                      September 2015        June 2015        March 2015
                                      ------------          -------------                      --------------        ---------        ----------

                     Equity                          $172.5                        $186.2                     $177.6           $197.3            $199.4

                     Fixed Income                     366.5                         370.0                      368.4            372.2             376.1


                     Long-Term Assets                 539.0                         556.2                      546.0            569.5             575.5

                     Liquidity                        112.5                         115.3                      126.1            129.7             127.2

                     Total                           $651.5                        $671.5                     $672.1           $699.2            $702.7
                                                     ======                        ======                     ======           ======            ======

About Legg Mason

Legg Mason is a global asset management firm with $651.5 billion in assets under management as of January 31, 2016. 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).

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SOURCE Legg Mason, Inc.