OREANDA-NEWS. Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $656.7 billion as of February 29, 2016.  This month's AUM included preliminary long-term net outflows of $4.1 billion, consisting of equity outflows of $1.7 billion and fixed income outflows of $2.4 billion.   Fixed income outflows included $1.6 billion of low fee redemptions. Liquidity inflows were $6.2 billion and this month's AUM included $2.3 billion of positive foreign exchange impact.

                                   

LEGG MASON, INC. AND SUBSIDIARIES

(Amounts in billions)

(Unaudited)
                                   

Assets Under Management

                          
                                   
                                   
       

Preliminary 

                          

By asset class:

  

February 2016

  

January 2016

  

December 2015

  

September 2015

  

June 2015

  

March 2015

      
 

Equity

  

$             170.6

  

$             172.5

  

$             186.2

  

$             177.6

  

$             197.3

  

$             199.4

      
 

Fixed Income

  

367.4

  

366.5

  

370.0

  

368.4

  

372.2

  

376.1

      
   

Long-Term Assets

  

538.0

  

539.0

  

556.2

  

546.0

  

569.5

  

575.5

      
 

Liquidity

  

118.7

  

112.5

  

115.3

  

126.1

  

129.7

  

127.2

      
   

Total

  

$             656.7

  

$             651.5

  

$             671.5

  

$             672.1

  

$             699.2

  

$             702.7

      

About Legg Mason
Legg Mason is a global asset management firm with $657 billion in assets under management as of February 29, 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).