OREANDA-NEWS. Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $669.6 billion as of March 31, 2016.  This month's AUM included preliminary long-term net outflows of $3.2 billion, consisting of fixed income outflows of $2.0 billion and equity outflows of $1.2 billion.  Liquidity outflows were $6.8 billion and this month's AUM included $4.1 billion of positive foreign exchange impact.

LEGG MASON, INC. AND SUBSIDIARIES

(Amounts in billions)

(Unaudited)
                         

Assets Under Management
                         
                         
       

Preliminary 

                

By asset class:

  

March 2016

  

December 2015

  

September 2015

  

June 2015

  

March 2015
 

Equity

  

$             180.5

  

$             186.2

  

$             177.6

  

$             197.3

  

$             199.4
 

Fixed Income

  

376.8

  

370.0

  

368.4

  

372.2

  

376.1
   

Long-Term Assets

  

557.3

  

556.2

  

546.0

  

569.5

  

575.5
 

Liquidity

  

112.3

  

115.3

  

126.1

  

129.7

  

127.2
   

Total

  

$             669.6

  

$             671.5

  

$             672.1

  

$             699.2

  

$             702.7

Legg Mason is a global asset management firm with $670 billion in assets under management as of March 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).